Feeds

Murdoch in ITV takeover spoiler

When billionaires attack

Gartner critical capabilities for enterprise endpoint backup

It emerged over the weekend that media bounder Rupert Murdoch had bought up a slice of ITV, putting the kybosh on Richard Branson's dreams of moguldom.

Murdoch's son James, who runs BSkyB, told the City on Friday he had bought out US investment groups Fidelity and Brandes, bagging a 17.9 per cent stake in the commercial broadcaster.

Regulations prevent BSkyB from owning more than 20 per cent of ITV, so a full takeover is not on the cards. The covert swoop does cast doubt on ITV talks with cable operator NTL over a £9bn merger, however.

NTL's biggest shareholder Branson had given public blessing to a tie-up with ITV. He netted 11 per cent of NTL in the Virgin Mobile deal.

The move is being interpreted as BSkyB attempting to head off NTL's expansion into its content creation territory. The two firms already compete on broadband and TV service provision.

German broadcaster RTL, the third wheel in the ITV carve-up, already owns Channel 5, itself thought to be a Murdoch target. ITV shares grab the high ground for BSkyB in that tussle too.

In other news, Melbourne's Great Satan is in hot water stateside over one of his subs' publishing of outrageous O J Simpson opus If I Did It. The Guardian reports American media - including Murdoch's own Fox News - and bookstores have reacted with revulsion to Simpson's hypothetical graphic descriptions of his wife's not so hypothetical bloody murder. Wot he never done.

Poor taste doubtless, but the prospect of a Murdoch-influenced ITV throwing O J into the I'm a Celebrity... mixer gets our backing. ®

Gartner critical capabilities for enterprise endpoint backup

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Fast And Furious 6 cammer thrown in slammer for nearly three years
Man jailed for dodgy cinema recording of Hollywood movie
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Barnes & Noble: Swallow a Samsung Nook tablet, please ... pretty please
Novelslab finally on sale with ($199 - $20) price tag
Ballmer leaves Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
Call of Duty daddy considers launching own movie studio
Activision Blizzard might like quality control of a CoD film
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
5 things you didn’t know about cloud backup
IT departments are embracing cloud backup, but there’s a lot you need to know before choosing a service provider. Learn all the critical things you need to know.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?