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    View Poll Results: What should News Corporation do with it's stake in BSkyB?

    Voters
    13. This poll is closed
    • Sell

      6 46.15%
    • Keep & wait for the Competition Commission to comment

      1 7.69%
    • Buy everything now

      1 7.69%
    • Give them away to those that were directly affected by the tapping

      1 7.69%
    • Give them to Sky Staff

      3 23.08%
    • Don't know

      1 7.69%
    Results 1 to 9 of 9

    Should News Corp sell it's shares in BSkyB?

    This is a discussion on Should News Corp sell it's shares in BSkyB? within the Everyday Life forums, part of the Community channel category; The reputation of News Corporation seems to be tarnished and getting worse as other newspapers are facing accusations of illegal ...

    1. #1
      Scubbie's Avatar
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      Should News Corp sell it's shares in BSkyB?

      The reputation of News Corporation seems to be tarnished and getting worse as other newspapers are facing accusations of illegal activities.

      There is a huge influence from it within Sky.

      Sky News seems to be defending the Murdochs and IMHO has lost it's integrity.

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    3. #2
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      Re: Should News Corp sell it's shares in BSkyB?

      i dont want this idiot company to take over it would be bad

    4. #3
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      Re: Should News Corp sell it's shares in BSkyB?

      Quote Originally Posted by deadman1984 View Post
      i dont want this idiot company to take over it would be bad
      Well according to the latest news News Corporation are withdrawing the bid to formally take over BSkyB. However they still own 39% of BSkyB, hence this poll still stands.

      It is possible that in a couple of years they could have another go at attempting to buy BSkyB, selling the shares would certainly delay that option for considerably longer..

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    5. #4
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      Re: Should News Corp sell it's shares in BSkyB?

      Quote Originally Posted by deadman1984 View Post
      i dont want this idiot company to take over it would be bad
      Why do you believe it would be bad?

    6. #5
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      Re: Should News Corp sell it's shares in BSkyB?

      Given that they were the ones who founded the company in the first place?

      A lot of companies float on the stock market to raise money for some reason or another, mainly due to expansion plans, and then regret it.

      Richard Branson spent an arm and a leg getting Virgin back under his control.

      NewsCorp must feel flush though as they are also trying to do the same thing to themselves and take themselves off the NY stock exchange and have announced a big share buyback.

      Although the way the share price is going it's not a bad time to buy them back anyways.
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    7. #6
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      Re: Should News Corp sell it's shares in BSkyB?

      Not 100% true, since BSkyB is the result of Sky Television PLC & British Satellite Broadcasting merging in 1990.

      News International were responsible for launching Sky Television PLC in 1989, whilst Granada Television, Pearson, Virgin, Anglia Television and Amstrad created BSB in 1986.

      The issues with regards to News Corporation being found to be a 'fit and proper' company to own a broadcasting company needs to be resolved one way or the other though.

      If, as appears to be implied, other newspapers within the News International Group, were involved in hacking telephones, medical records, and other private records, then how far up does this go?

      I have noticed all too often that when the BBC is in the news, it covers the stories. However when Sky itself has been in the news, all too often Sky News does not cover it.

      This story has been the exception, but even then the coverage has been blatantly biased.

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      Re: Should News Corp sell it's shares in BSkyB?

      Actually Sky bailed out BSB when they went under as they didn't want a loss of confidence in satellite broadcasting one year after Sky launched.

      It floated on the stock market in 1994 to raise capital.
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      Re: Should News Corp sell it's shares in BSkyB?

      Thanks, I'd forgotten about the financial issues.

      Very few people wanted a 'Squarial' and lots of local councils were banning Satellite dishes from being erected in their areas.

      Thankfully some things have improved.

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    11. #9
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      Re: Should News Corp sell it's shares in BSkyB?

      well it could be bad because if he took over corruption could happen in sky he could hire backroom staff of some sort and do the same thing or he could hike prices up

     

     

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