Disney commits to Sky News funding

Disney has committed itself to a series of undertakings in respect of Sky News as part of the proposed merger between 21st Century Fox and Sky.

In a Statement in the UK’s House of Commons, Matt Hancock, Digital, Culture, Media and Sport Secretary, noted that having considered a report from the Competition and Markets Authority, he agreed with its findings on the public interest grounds and the finding that undertakings to divest Sky News to Disney or to an alternative suitable buyer could potentially remedy the adverse plurality public interest concerns identified.

Source: Disney commits to Sky News funding