News Corporation takeover bid for BSkyB early July, despite public opposition to the deal, "Government says its ready to give clearance to deal. Jeremy Hunt gives opponents one final week to raise objections. However, he has provisionally agreed to proposals that will see Sky News be spun off as an independent company to allay fears the deal would give Mr Murdoch's News Corporation too much control of the media. After the consultation ends on July 8, Mr Hunt is expected to wave the merger through once and for all. He is keen to give final confirmation by July 19 when the summer parliamentary recess begins." Several
Sky News Arabia finance. Al-Waleed bin Talal, the second-largest shareholder in 21st Century Fox, which has a 39.1% stake in BSkyB, announced in September 2011 that he would launch another Arabic news channel, Alarab News Channel. That station closed on the same day it launched. Operations at the network's headquarters in twofour54 media zone, Abu Dhabi, began in February 2012. It began broadcasting on 6 May 2012. Sky News Arabia claims a commitment to independent reporting and avoiding partisan programming. A six-person editorial advisory committee exercises oversight over the network's editorial output. Sky News Arabia is broadcast to more than 50 millions households