Walt Disney offers to buy Sky News to ease Murdoch’s worries

Reading Time: 2 minutes Post Views: 2,197 In a fresh takeover twist, the Walt Disney Company offered to buy Sky News on April 3. However, the offer is meant to help Rupert Murdoch’s 21st Century Fox buy full control of Sky News’s parent company, the broadcaster Sky, and not because the British news channel is core to Disney’s business. Rupert Murdoch’s Fox has said it would sell off Sky News to Disney or ring-fence it to try to allay regulatory concerns over its proposed acquisition of Sky. The moves are taken to ensure editorial independence for…

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