It’s been a year since we first heard of News Corp’s interest in outright buying Sky News, and after so many false starts, we’d almost forgotten about it.

But it is happening, Sydney media sources say. In fact, we understand negotiations are nearly concluded. Confirmation is likely to filter through to the Media section of The Australian, so keep an eye on that.

Any deal would mean News Corp tightening its control over the pay TV industry in this country. It already controls Fox Sports, which supplies the most valuable programming to Foxtel (Foxtel is 50% owned by News, which also has the right to appoint the management of Foxtel). News Corp also owns nearly 15% of the Ten Network, as well as over 60% of the daily newspapers in Australia, and is awaiting regulatory approval for the purchase of APN’s regional dailies and weeklies and free papers in northern NSW and regional Queensland.


Peter Fray

Get your first 12 weeks of Crikey for $12.

Without subscribers, Crikey can’t do what it does. Fortunately, our support base is growing.

Every day, Crikey aims to bring new and challenging insights into politics, business, national affairs, media and society. We lift up the rocks that other news media largely ignore. Without your support, more of those rocks – and the secrets beneath them — will remain lodged in the dirt.

Join today and get your first 12 weeks of Crikey for just $12.


Peter Fray
Editor-in-chief of Crikey