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Thread: Here we go.....Fox set to span the world

  1. #1
    ♫♪ ♫♪ ♫♪ ♫♪ downhill's Avatar
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    Here we go.....Fox set to span the world

    NEWS Corporation will gain 12 million American viewers and the ability to broadcast to five continents after winning approval to take over US satellite service DirecTV.

    The news and entertainment organisation gained US regulatory approval for the takeover at the weekend.
    It becomes the first company in the US to have a television network, cable channels and a satellite television service.

    DirecTV is the biggest US satellite TV service.

    News Corp owns satellite-TV businesses including Sky ItaliaSpA in Europe, Foxtel in Australia and Hong Kong-based Star Group in Asia.




    Ahaa.....More fair and balanced for the whole world now. We can't wait.......


    Opponents had raised concerns the acquisition would further reduce competition by cutting the number of media companies, thus driving up the price of cable and satellite services.

    The interest in Hughes acquired by News Corp will be transferred to the Fox Entertainment Group.

    News Corp chairman Rupert Murdoch, who unsuccessfully tried to buy DirecTV in 2001, welcomed the decision. He said the conditions, as he understood them from the public notice, would not adversely affect News Corp's plans for the operation of the business.



    lol...right.

  2. #2
    SG Enthusiast jayyy's Avatar
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    Wow...who would've thought the government would grant all that to Fox, huh? Just goes to show you never know...

  3. #3
    Moderator Roody's Avatar
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  4. #4
    ♫♪ ♫♪ ♫♪ ♫♪ downhill's Avatar
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    Originally posted by Roody

    Is that all you have to say?

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    Awww...

  6. #6
    Moderator Roody's Avatar
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    Originally posted by downhill
    Is that all you have to say?
    nah not really. Fault can pretty much be found with any news company. Not sure that they are any worse then any other. That said, it is rather disturbing that they are getting close to cornering the market.

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