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BBS/Peston: Ofcom to rule on News Corp's 'fitness' to own BSkyB

This is very interesting, because it's going to be very hard for Ofcom to break ranks and rule in favour of NI without causing a media storm.

And if they rule against Murdoch, NI's stock price is going to tank, and his aura of relative infallibility is going to be destroyed.

As one of yesterday's headlines said: "Sky falls in on Murdoch."

by ThatBritGuy (thatbritguy (at) googlemail.com) on Fri Jul 8th, 2011 at 10:39:58 AM EST
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