Shadow Secretary of State for Digital, Culture, Media and Sport Estate. Should the relevant party take office, the Shadow Secretary would be a likely candidate to become Culture Secretary. The post became necessary when John Major created the Department of National Heritage in 1992. When the Coalition Government took office, they merged the office of Culture Secretary with that of Minister for the Olympics (Jeremy Hunt had shadowed both roles in Opposition). Labour retained as its Olympics spokesperson Tessa Jowell, who had been Olympics Minister from the inception of the office. Because it never merged the responsibilities, it has retained the name "Culture, Olympics and Sport" (as has indeed the
News Corporation well spinning off long-held Australian magazines interests as Pacific Magazines. Much of this debt came from its stake in the Sky Television satellite network in the UK, which incurred massive losses in its early years of operation, which (like many of its business interests) was heavily subsidised with profits from its other holdings until it was able to force rival satellite operator BSB to accept a merger on its terms in 1990. (The merged company, BSkyB, has dominated the British pay-TV market since.) In 1993, News Corp acquired a 63.6% stake of the Hong Kong-based STAR TV satellite network for