cHodAX
I am a FH squatter
- Joined
- Jan 7, 2004
- Messages
- 19,742
- Thread starter
- #91
BBC just had an interview with a brilliant Q.C. who basically said that this closure does nothing but good for Murdoch and News International. He said OFCOM's case that the BskyB purchase could create a media monopoly is weakened with NotW vanishing, also the BskyB share price has fallen substantially and will continue to do so for a while thereby making the purchase price far below what they would have been expected to play. The £700 million in value change already completely dwarves the loss of NotW for a short time.