UPDATE: News Corp. Responds To Ofcom’s BSkyB Decision, James Murdoch Criticism

UPDATE: News Corp. “is pleased” with the UK regulator’s decision that BSkyB is fit to hold a broadcast license. But, the company took issue with Ofcom’s stance on former chairman James Murdoch, whose actions were called “ill-judged.” News Corp. said: “We disagree with with certain of the report’s statements about James Murdoch’s prior actions as an executive and Director, which are not at all substantiated by evidence.” (Full statement below) PREVIOUS, 12:01 AM PT: Sky has passed the “fit and proper” test. British regulator Ofcom has concluded its months-long consideration of whether the satcaster is fit to hold a broacast license in light of phone hacking and other allegations surrounding News Corp.-controlled media properties in the UK. News Corp. owns 39% of Sky. The org today said: “There is no evidence that Sky was directly or indirectly involved in any of the wrongdoing either admitted or alleged to have taken place” at News Of The World or at The Sun. However, Ofcom was critical of James Murdoch, who stepped down as chairman of BSkyB in April this year. The org said today: “The evidence available to date does not provide a reasonable basis to find that James Murdoch… was complicit in a cover up” at the News International newspapers. But, while Murdoch was exec chairman of News International, ... Read More »

Source: http://www.deadline.com/2012/09/uk-regulator-finds-sky-is-fit-to-hold-broadcast-licence/

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