Independent Broadcasting Authority rival Sky Television plc was able to launch an analogue service and intended to overshadow BSB by leasing transponders from Société Européenne des Satellites' RCA Astro-built satellite, Astra 1A. After around a year, the company merged with BSB. The IBA was disbanded as part of the Broadcasting Act 1990, being replaced on New Year's Day 1991 by the Independent Television Commission (ITC) (which also absorbed the Cable Authority), and the Radio Authority (RAu), which have since been merged with other regulators such as Broadcasting Standards Commission (BSC) and Oftel (Office of Telecommunications) to form one regulator, Ofcom. All of the
Rupert Murdoch of damaging the British trade union movement. In 1987, the dismissed workers accepted a settlement of £60 million. Murdoch's British-based satellite network, Sky Television, incurred massive losses in its early years of operation. As with many of his other business interests, Sky was heavily subsidised by the profits generated by his other holdings, but convinced rival satellite operator British Satellite Broadcasting to accept a merger on his terms in 1990. The merged company, BSkyB, has dominated the British pay-TV market ever since pursuing direct to home (DTH) satellite broadcasting. By 1996, BSkyB had more than 3.6 million subscribers, triple the