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Friday, December 09, 2016

Fox News in renewed bid for Sky News. Media Groups line up for epic five country media reshaping tussle, as UK regulator waits in the wings

Megyn Kelly Fox News Anchor
UPDATE: 21st Century Fox is now confirmed as the new owner of Sky PLC.
Fox News (21st Century Fox) and UK Broadcaster SkyTV (Sky PLC) have confirmed thy are in takeover negotiations after receiving an approach from the US media giant.  

Sky plc said the two companies had reached an outline agreement on an offer price of £10.75 per share, but other terms still remain to be agreed and are under discussion. Any agreement will be subject to Government review, as it could be held that too large a percentage of the UK media  would post-takeover be concentrated under one owner.

In addition the UK OFCOM regulator may require additional Fox disposals or renegotiation of various holdings, although after the last failed bid Fox has substantially re-organised its holdings and completed a slate of disposals.   The Sky Electronic Programme Guide is effectively the gatekeeper for a multiplicity of independent commercial and community television channels.   

The company issued a statement after shares in Sky PLC rose 32% to 1040 amid rumours of Fox's interest.

""The Independent Directors of Sky PLC note today's share price increase, and announce that Sky has received an approach from 21st Century Fox, Inc.

"After a period of negotiation, the Independent Directors of Sky and 21st Century Fox have reached agreement on an offer price of £10.75 per share in cash, less the value of any dividends subsequently paid by Sky.

"However, certain material offer terms remain under discussion and there can be no certainty that an offer will be made by 21st Century Fox, nor as to the terms of any such offer."
– Sky plc

*** There is apparently no truth in the rumour that long term former Sky Breakfast anchor Eamon Holmes being approached to co-host a Fox News style revamp of the stations entire news international output with co-host Megyn Kelly.







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Editorial policy: WE DON'T CENSOR NEWS, we will however come down hard on lawbreakers, all forms of ASB - Anti Social Behaviour, and anyone or group who seek to disturb or disrupt our neighbourhoods and communities, or in anyway abuse, take unfair advantage or financially disadvantage our citizens. We support the Park Farm Neighbourhood Watch and digitally carry the messages from this independent Neighbourhood Watch Scheme.


We are openly but constructively critical of all political parties (actual and sham), pressure groups, overbearing 'jobsworths' and those who seek to waste public funds, abuse public office, ramp up expenses, BUY VOTES and/or engage in any form of directed or robotic voting.

Whilst accepting that many in Public Office perform a valuable service and make a worthwhile contribution, there are others who are frankly rubbish. Although Julian Bray is the editor, there are several Blog administrators / correspondents who actively contribute by remote transmission to this blog.

So it could be some days before the copy (content) is seen by the Editor and properly formatted. We consider all representations and correct any facts that are clearly deficient.




OUR HUMAN RIGHT TO LAMPOON AND CRITICISE POLITICIANS

THE HIGH COURT has ruled....People have a right to lampoon and criticise politicians and public officials under the Human Rights Act, the High Court has ruled.

We have the full High Court judgment, saved as a page on here. l

ampoon (lampoon) Pronunciation: /lamˈpuːn/ verb [with object] publicly criticize (someone or something) by using ridicule, irony, or sarcasm: the actor was lampooned by the press noun a speech or text lampooning someone or something: the magazine fired at God, Royalty, and politicians, using cartoons and lampoons.

Derivatives: lampooner noun lampoonery noun lampoonist noun Origin: mid 17th century: from French lampon, said to be from lampons 'let us drink' (used as a refrain), from lamper 'gulp down', nasalized form of laper 'to lap (liquid).

NUJ CODE OF CONDUCT

NUJ Code of Conduct

The NUJ's Code of Conduct has set out the main principles of British and Irish journalism since 1936.

The code is part of the rules and all journalists joining the union must sign that they will strive to adhere to the it.


Members of the National Union of Journalists are expected to abide by the following professional principles:

A journalist:

1 At all times upholds and defends the principle of media freedom, the right of freedom of expression and the right of the public to be informed

2 Strives to ensure that information disseminated is honestly conveyed, accurate and fair

3 Does her/his utmost to correct harmful inaccuracies

4 Differentiates between fact and opinion

5 Obtains material by honest, straightforward and open means, with the exception of investigations that are both overwhelmingly in the public interest and which involve evidence that cannot be obtained by straightforward means

6 Does nothing to intrude into anybody's private life, grief or distress unless justified by overriding consideration of the public interest

7 Protects the identity of sources who supply information in confidence and material gathered in the course of her/his work

8 Resists threats or any other inducements to influence, distort or suppress information and takes no unfair personal advantage of information gained in the course of her/his duties before the information is public knowledge

9 Produces no material likely to lead to hatred or discrimination on the grounds of a person's age, gender, race, colour, creed, legal status, disability, marital status, or sexual orientation

10 Does not by way of statement, voice or appearance endorse by advertisement any commercial product or service save for the promotion of her/his own work or of the medium by which she/he is employed

11 A journalist shall normally seek the consent of an appropriate adult when interviewing or photographing a child for a story about her/his welfare

12 Avoids plagiarism The NUJ believes a journalist has the right to refuse an assignment or be identified as the author of editorial that would break the letter or spirit of the code.

The NUJ will fully support any journalist disciplined for asserting her/his right to act according to the code

The NUJ logo is always a link to the home page.

(As modified at Delegate Meeting 2011)