FO
Interesting report in the FT which says that Sky and ITV held substantive negotiations about a possible news merger in 2006 but that they were dropped when Sky purchased shareholdings in ITV to block Virgin Media's attempted takeover of ITV.
http://www.ft.com/cms/s/0/643a3a3c-17fb-11e0-9033-00144feab49a.html
The new news operation would have been controlled by BSkyB and the report says the talks were enacted because Dawn Airey was under pressure as Sky News was loosing 'tens of millions' of pounds a year.
http://www.ft.com/cms/s/0/643a3a3c-17fb-11e0-9033-00144feab49a.html
The new news operation would have been controlled by BSkyB and the report says the talks were enacted because Dawn Airey was under pressure as Sky News was loosing 'tens of millions' of pounds a year.