Quote:
Originally Posted by andy97
To be strictly accurate Murdoch does not own Sky, he is a 39% shareholder & has withdrawn his proposal to take it over fully.
|
Murdoch effectively runs Sky. He has a minority stake of 39% and non involved shareholders in it for the dividends his strategy provides are the rest.
Any suggestion that he is not in control was quashed yesterday when James Murdoch, still being investigated for corruption and bribery by the Met, FBI and Parliament was unanimously re-appointed chairman. Money talks not morality so no surprise there then.