03-08-2023, 08:40 AM
It always had the appearance of a Murdoch fiefdom, partially because he often acted like it was a wholly owned subsidiary of News Corporation, but to the extent that he did, it was only because the other shareholders were happy that he did so.
In fact News Corporation’s share of Sky was reduced to 50% by the merger with BSB, and reduced again down to 39% when Sky was floated in or about 1994.
In fact News Corporation’s share of Sky was reduced to 50% by the merger with BSB, and reduced again down to 39% when Sky was floated in or about 1994.