Murdoch family abandons plans to take full control of BSkyB
 

Murdoch family abandons plans to take full control of BSkyB

By Daily Mail City & Finance

PUBLISHED: 10:22, 24 July 2013 | UPDATED: 10:22, 24 July 2013


James Murdoch last night said there were no plans for the family firm to take full control of BSkyB.


Murdoch, the deputy chief operating officer of 21st Century Fox, said a bid for the 60 per cent of the pay-TV firm it does not already own was not on the cards.

‘We have no intention of bidding for the rest of BSkyB today or in the near future,’ he said. ‘We have no plans about that.’


The comments appeared to suggest that the Murdoch family no longer has ambitions to take full control of BSkyB – at least for now.


News Corporation, the media empire founded by Rupert Murdoch, James’ father, was forced to abandon its bid to take full ownership of the satellite broadcaster two years ago.


The deal was scuppered by the News of the World phone-hacking scandal at News Corp’s newspaper arm.


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