Fox pledges to keep Sky News independent of Murdoch

Fox Proposes Safeguards for Sky News to Try to Move Sky Takeover Bid Along

21st Century Fox Offers “Firewall Remedies” To Push Through Sky Deal

The move came after the Competition and Markets Authority (CMA) recently ruled that the deal was not in the public interest.

Comcast made an offer a year ago for 21 Century Fox that was significantly higher than Disney's successful bid, and may make a fresh move to acquire the company, or its European pay TV arm Sky, according to the Wall Street Journal.

Fox added that "no employee or officer of 21st Century Fox, or a member of the 21st Century Fox board who is a trustee or beneficiary of the Murdoch Family Trust, will influence or attempt to influence the editorial choices made by the head of Sky News".

However, Fox noted that its "proposed firewall remedies" would terminate upon completion of Disney's takeover of Fox.

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Any appointment to the Sky News editorial board by Fox's Nominating and Corporate Governance Committee would have to be approved by the UK Culture Minister or by UK regulators.

Any appointee to the Sky News editorial board must have experience in the United Kingdom media industry.

The issues raised by the planned takeover have been clouded somewhat by Disney's planned acquisition of the bulk of 21 Century Fox.

This comes as Fox has spent over a year attempting to buy the 61% in Sky, which is controlled by the Murdoch Family Trust, which also controls News Corporation, the publisher of British newspapers including The Sun and The Times, that it does not now own.

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The main sticking point was the fact that the Murdoch family would have "too much control over news providers in the United Kingdom, and too much influence over public opinion and the political agenda". Under the deal, Disney would buy Fox's studios and media assets, leaving a rump of news and sports channels that would still be controlled by Mr Murdoch.

Fox's previous play for the pan-European pay-TV service foundered in 2011 amid the phone-hacking scandal engulfing Murdoch's British newspapers.

A group of lawmakers, including former Labour leader Ed Miliband, also filed submissions with the CMA on Monday, saying the regulator should recommend blocking the deal because none of the proposed solutions would eliminate concerns about the Sky takeover.

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