Rupert Murdoch facing BSkyB defeat as parties unite in call to drop takeover

[spanone]

Rupert Murdoch will today face the humiliation of the Commons issuing a unanimous all-party call for his scandal-ridden News Corporation to withdraw its £8bn bid for BSkyB, the great commercial prize he has been pursuing to cement his dominance of the British media landscape.

In an extraordinary volte-face, David Cameron will disown the media tycoon by leading his party through the lobbies to urge him to drop the bid. Murdoch can defy parliament and press ahead with the bid, prompting a Competition Commission inquiry, but he risks finding himself ostracised by a political class that once scrambled to bend to his wishes.

Cameron will also announce today that a judge is to oversee a full-blown inquiry into phone hacking, and that a panel will examine the future regulation of the media. The judge – who will be named today – will lead the main inquiry into the hacking allegations, which is expected to be modelled on the Hutton inquiry into the death of Dr David Kelly in 2003.

It is understood that the inquiry will also examine the relationships between police and the press, and politicians and the press. The inquiry will not sit in public until the criminal investigation has completed its course.

http://www.guardian.co.uk/media/2011/jul/12/rupert-murdoch-bskyb-news-international

[malaise]

1. Murdoch is history

and I'm lovin' it. There is no way back from this.

[spanone]

2. watching the empire crumble.....ahhhhhhhh

[Monk06]

3. Rosebud .......