News Corporation notes today’s statement by the Secretary of State for Culture, Olympics, Media and Sport of his decision to open a public consultation on the amended undertakings proposed by the company in lieu of a reference of its proposed acquisition of BSkyB to the Competition Commission. We will continue to engage constructively with the regulatory process.
News Corporation (NASDAQ: NWS, NWSA; ASX: NWS, NWSLV) had total assets as of March 31, 2011 of approximately US$60 billion and total annual revenues of approximately US$33 billion. News Corporation is a diversified global media company with operations in six industry segments: cable network programming; filmed entertainment; television; direct broadcast satellite television; publishing; and other. The activities of News Corporation are conducted principally in the United States, Continental Europe, the United Kingdom, Australia, Asia and Latin America.
Alice Macandrew, +44 (0) 20 7782 6013