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A strange development (to me, al least) in the Murdoch strategy.

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pennylane100 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-11-11 04:49 PM
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A strange development (to me, al least) in the Murdoch strategy.

As my colleagues in London report, as the new allegations came to light on Monday, News Corporation abruptly changed tactics in its effort to win regulatory approval for its bid to buy the 61 percent of BSkyB it does not already own. As part of its new strategy, the company withdrew its offer to put the 24-hour television news channel Sky News under independent control.

This does not make sense to me as it further undermines their fast disappearing credibility

.http://thelede.blogs.nytimes.com/2011/07/11/three-murdoch-papers-reportedly-targeted-gordon-brown/
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