Murdoch still excluded from ITV

The UK’s cross-media ownership rules currently forbids any newspaper group which has more than 20 per cent share of the British newspaper market from owning either a “Channel 3/ITV” licence or a stake in a Channel 3 broadcaster greater than 20 per cent.  It was these rules that scuppered News Corp’s plans to acquire a larger stake in ITV.

UK regulator Ofcom, in a statement November 22nd, said it was for government to consider whether to change the current plurality rules, but it was “not recommending any changes”.

Posted by on Nov 22 2012. Filed under Articles, Broadcast, Business, M&A, People, Policy, Regulation.

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