Kay Burley of Sky News interviews Lord Razzall on Vince Cable

Kay Burley of Sky News interviews Lord Razzall on Vince Cable
Kay Burley of Sky News interviews Lord Razzall on Vince Cable

Recorded on 21 December 2010, this clip is a great example of what's wrong with UK news media. Kay Burley is pretty dire most of the time, but in this 9 minute interview she seems to only have one question to ask and repeats it again and again. Her only aim seems to be to try and trip up Lord Razzall. He handles her admirably.

News Corp Shareholding (wikipedia)

As part of News Corporation - which has a large ownership of the UK newspaper market - BSkyB was highlighted as part of media ownership concerns in September 2010 by Claire Enders - founder of media consultancy Enders Analysis - when she wrote to Vince Cable, UK Business Secretary, in a 20 page letter[1] stating that News Corporation's bid for the 60.9% of BSkyB they don't own would dilute media plurality and exercise 'too much political influence'[2]. She also stated any such shareholder arrangement would represent a ""Berlusconi moment" for the UK"[3], referring to Italy's concentration of media ownership.

This was followed by the same argument from the Financial Times in an editorial[4], who stated "a merger would give Mr Murdoch unfettered power to direct its management and cash flows"[5] and that, consequently, this would "lock out challengers and stifle the diversity of debate."[5]

Lord Puttnam has also argued the same thing, referring to the Coalition Government's desire to alter broadcast regulation and its links with News Corporation.[6]

Pressure group 38 Degrees began a petition to Vince Cable, arguing that News Corp (and Murdoch's) proposed shareholding would stifle a 'free and diverse UK media' and affect UK broadcasting impartiality rules.[7]

Although the bid was 'dropped after only five weeks'[8] some media commentators are presuming it has been done to 'bide time'[8] and that News Corp are "still confident" they can prove their bid is not "a serious threat to competition"[9].

In October 2010, a group of media companies - accounting for a third of Fleet Street and the BBC - jointly wrote to Vince Cable, the Business Secretary, to lay out their reasons for the BSkyB share bid being a breach of media pluarity. [10] The BBC's contribution to the letter was subsequently attacked in a (News International owned) Times editorial. [11]

more: http://en.wikipedia.org/wiki/Criticisms_of_BSkyB

[edit] Management
A graph displaying Sky's total viewing figures from 1995 to 2009.

News Corporation, currently has a 39.1% stake in BSkyB. News Corp also fully owns Sky Italia, about 78% of New Zealand's SKY Network Television Limited and b.net of Croatia and Montenegro.

The first CEO of BSkyB was Sam Chisholm, who was CEO of Sky TV before the merger. Chisholm served in this position until 1997. He was followed by Mark Booth who was credited with leading the company through the introduction of Sky. Tony Ball was appointed in 1999 and completed the company's analogue to digital conversion. He is also credited with returning the company to profit and bringing subscriber numbers to new heights. In 2003 Ball announced his resignation and James Murdoch, son of Rupert Murdoch was announced as his successor. This appointment caused allegations of nepotism from shareholders.[3]

On 7 December 2007 it was announced that Rupert Murdoch would be stepping down as BSkyB's Non-Executive Chairman and would be replaced by his son, James. It was also announced that James would be stepping down as CEO of BSkyB and will be replaced by Jeremy Darroch.[4]

On 15 June 2010, News Corp made a takeover bid of BSkyB, wishing to gain the remaining 61% of the shares owned by other shareholders at 700p per share, however, this was rejected. A majority of these shares are owned by BskyB employees who range from Contact Centre staff to Field Technicians, Management to Directors. BSkyB demanded that an offer of more than 800p per share would better value the company, meaning that News Corp would have to find an extra £1bn. If a deal is reached between the two companies, regulatory approval will be needed by either the European Commission, Secretary of State for Culture, Media and Sport Jeremy Hunt or from the Office of Fair Trading.[5]

More: http://en.wikipedia.org/wiki/BSkyB

Name: Graeme


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