Adjudication in Sky's ITV shares case

Sky have been ordered to reduce their control over ITV, as they could hold undue sway over the content on ITV.

Since the shares have dropped in price since Sky Bought them to block a proposed takeover by Virgin Media, they have effectivly lost £170m.

All that, and the worst series of Lost. Wonder if Branson is having a quick bottle of champaign tonight.

Sky told to reduce its 18 per cent stake in ITV to 7.5 per cent – Business News, Business – Independent.co.uk

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About Alan Hardcastle

Media Lecturer with an interest in Pedagogy and Politics.

Posted on January 30, 2008, in Media and tagged , , . Bookmark the permalink. Leave a comment.

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