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UK regulator to submit media report on NewsCorp, BSkyB deal; referral decision by end-Jan

By Dafydd Nelson ( December 31, 2010, 15:03 GMT | Insight) -- The UK's media watchdog, Ofcom, will today submit its report to the Department for Media, Culture and Sport on the media plurality implications of News Corporation's planned buy-out of the shares it does not already own in broadcaster BSkyB. A decision on whether to refer the deal to the Competition Commission for further scrutiny may come as early as mid-January but will definitely fall by the end of the month.The UK's media watchdog, Ofcom, will today submit its report on the media plurality implications of News Corporation's planned buy-out of the shares it does not already own in broadcaster BSkyB to the Department for Media, Culture and Sport (DMCS)....

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