UK Requires Sky News Independence In News Corp. Deal

Law360, New York (June 30, 2011, 12:22 PM EDT) -- A top U.K. official called Thursday for an independent director to be assigned to the board of spun-off Sky News as part of News Corp.'s planned $13 billion acquisition of satellite broadcaster British Sky Broadcasting Group PLC.

Culture Secretary Jeremy Hunt also called for the appointment of a trustee to make sure Rupert Murdoch's right-leaning media conglomerate complied with all conditions of the Sky News spinoff to assuage fears that the transaction would reduce the U.K.'s range of editorial voices.

Hunt set the new hurdles —...
To view the full article, register now.