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Fox commits to independent Sky News in order to secure deal - TVBEurope

Fox commits to independent Sky News in order to secure deal

Company says it would look to establish independent board for the channel
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21st Century Fox has said it would commit to an independent editorial board for Sky News in order to push through it's plan to take full control of Sky.

In a response to the Competitions and Markers Authority, Fox said "if the CMA’s provisional findings are confirmed, the most appropriate form of remedies would be the 'firewall' remedies 21st Century Fox is willing to offer" as well as previously proposed concessions. 

Fox also repeated a previous proposal for "a commitment to Sky-branded news services in the UK for at least five years with similar levels of investment."

The CMA announced last month that the £11.7 billion deal should be blocked unless a way is found to prevent Murdoch influencing Sky's news output.

The Authority is due to present its final report to Culture Secretary Matt Hancock on 1st May. He has said he will rule on the deal by 14th June.

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