Fighting for quality news media in the digital age.

  1. News
February 27, 2008

News Corp offloads stake in pay TV provider

By paulmcnally

News Corp has been given the green light by the US Federal Communications Commission to hand over its 40 per cent stake in subscription TV network DirecTV to Liberty Media.

According to the Wall Street Journal, the FCC approval is the last regulatory hurdle for the deal, which has taken more than a year to close.

You've reached your limit of free articles

Please register now to continue reading

Already registered? Log in here
Websites in our network