Office of Communications
27 April 2007
FOR IMMEDIATE RELEASE
Ofcom completes investigation into BSkyB's shareholding in ITV plc
27 April 2007
Ofcom has completed its public interest investigation into British Sky
Broadcasting Group's (BSkyB) acquisition of a 17.9% shareholding in ITV plc.
As requested by the Secretary of State for Trade and Industry, Ofcom is today
submitting to him advice on whether the transaction raises public interest
concerns about the number of different owners of media enterprises.
Ofcom's advice is that there are public interest issues, in relation to
sufficient plurality of news provision for both cross media and television news
in the UK.
The Secretary of State will now consider Ofcom's advice which will inform his
decision on making a reference to the Competition Commission. The Secretary of
State will announce his decision by 26 May 2007. Ofcom's report will be
published no later than this date.
NOTES FOR EDITORS AND CSEs
1. The OFT is today also reporting to the Secretary of State on competition
2. Ofcom's separate work to consider whether, following BSkyB's share
acquisition, there has been change of control is ongoing. Under the
Communications Act 2003, Ofcom is required to consider whether there has
been a change of control such that there should be a review of certain ITV
plc programming obligations.
3. Ofcom is the independent regulator and competition authority for the UK
communications industries, with responsibilities across television, radio,
telecommunications and wireless communications services.
For further details please visit www.ofcom.org.uk.
Ofcom Media Office
(+44) (0)20 7981 3033
This information is provided by RNS
The company news service from the London Stock Exchange