CMA details scope of Fox-Sky investigation in issues statement

AM ET CMA Outlines Review of 21st Century Fox  Sky Deal Will be looking at diversity of voices broadcast standards

"There's nothing wrong with Mr Murdoch - but it is because of the name".

Mr Murdoch is chief executive of Fox, which is attempting to seize control of the 61% of Sky it does not already own.

Sky shareholders on Thursday reelected all board members, including 21st Century Fox CEO James Murdoch, who serves as chairman of the European pay TV giant and again faced opposition from some shareholders going into the annual meeting.

Additionally Conservative MP, Rebecca Pow asked whether the regulator had sufficiently scrutinised the deal, White said: "I am absolutely confident we did a professional, independent, expert job".

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The competition watchdog has said it will assess whether Rupert Murdoch would be able to control or influence editorial decisions at Sky News as one of the key points of its investigation into his £11.7bn Sky takeover bid.

Jeremy Darroch, chief executive, said: "Our investment on-screen to broaden our offering is delivering with viewing to Sky channels up 10pc year on year".

UK's Competition and Markets Authority (CMA) has set out more details about what it intends to examine in its investigation into the proposed takeover of Sky Plc by 21st Century Fox, which owns STAR India.

Earlier, Sky reported what were regarded by City analysts as strong results for the first three months of its financial year.

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Announcing group results for the three months ending September 30, Sky said that it added 160,000 new customers - 90,000 in Germany and Austria, and 70,000 in the United Kingdom (though figures were flat in Italy) - spurred by strong campaigns in all markets around Game of Thrones.

The group added 160,000 new customers in the quarter, a 51 per cent jump, and recorded 9.6m pay-as-you-go sports and entertainment buys, an increase of 12 per cent.

The group said fantasy drama Game Of Thrones was now its "most-watched series ever", while it also hailed home-grown series Riviera after it notched up 20 million downloads.

Mr Darroch said it was a strong start to the new financial year: "Against the backdrop of pressure on consumer spending and lower spend on United Kingdom television advertising, we were particularly pleased with our own EBITDA growth of 15% in our established business".

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He pointed out that in addition to Sky's existing markets - the UK, Ireland, Germany, Austria and Italy - the company had just launched consumer streaming services in Spain and Switzerland.

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