News Corporation takeover bid for BSkyB Italia. "The Guardian" went so far as to say that, "Without a full takeover of BSkyB, News Corp's global satellite strategy would look an unco-ordinated mess." The first key turning point in the planned takeover was the removal in December 2010 of regulatory approval from Vince Cable, who had told undercover reporters from "The Daily Telegraph" he had "declared war" on Murdoch. When these comments were made public, the final say on the deal went instead to Jeremy Hunt. Cable's comments on this matter were not published by the "Telegraph", but were instead leaked to BBC journalist Robert Peston, most
News Corp News Corp News Corporation (officially referred to and trading as News Corp) is an American entertainment company, formed as a spin-off of the original News Corporation (as founded by Rupert Murdoch in 1979) focusing on newspapers and publishing. It is one of two companies which succeeded the former News Corporation, alongside 21st Century Fox—which consists of the old News Corporation's broadcasting and media properties, such as Fox Entertainment Group. The spin-out was structured so that 21st Century Fox would be the legal successor and continuation of the old News Corporation, with the new News Corp being an entirely new company