{"page":"\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/resources-c03aa079.css\" /\u003e\n\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/lp_boclips_stylesheets-517835be.css\" media=\"all\" /\u003e\n\u003cdiv data-title='UPDATE Murdoch\u0026#39;s bid to control BSkyB is now unlikely to go through, analysts say' data-url='/boclips/videos/5c54c2c3d8eafeecae15c259' data-video-url='/boclips/videos/5c54c2c3d8eafeecae15c259' id='bo_player_modal'\u003e\n\u003cdiv class='boclips-resource-page modal-dialog panel-container'\u003e\n\u003cdiv class='react-notifications-root'\u003e\u003c/div\u003e\n\u003cdiv class='rp-header'\u003e\n\u003cdiv class='rp-type'\u003e\n\u003ci aria-hidden='true' class='fai fa-regular fa-circle-play'\u003e\u003c/i\u003e\nVideo\n\u003c/div\u003e\n\u003ch1 class='rp-title' id='video-title'\u003e\nUPDATE Murdoch\u0026#39;s bid to control BSkyB is now unlikely to go through, analysts say\n\u003c/h1\u003e\n\u003cdiv class='rp-actions'\u003e\n\u003cdiv class='mr-1'\u003e\n\u003ca class=\"btn btn-success\" data-posthog-event=\"Signup: LP Signup Activity\" data-posthog-location=\"body_link_boclips\" data-remote=\"true\" href=\"/subscription/new\"\u003e\u003cspan\u003e\u003cspan\u003eGet Free Access\u003c/span\u003e\u003cspan class=\"\"\u003e for 10 Days\u003c/span\u003e\u003cspan\u003e!\u003c/span\u003e\u003c/span\u003e\u003c/a\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-body'\u003e\n\u003cdiv class='rp-info'\u003e\n\u003cdiv aria-label='Hide resource details' class='rp-hide-info' role='button' tabindex='0'\u003e\u0026times;\u003c/div\u003e\n\u003ci aria-label='Expand resource details' class='rp-expand-info fai fa-solid fa-up-right-and-down-left-from-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003ci aria-label='Compress resource details' class='rp-compress-info fai fa-solid fa-down-left-and-up-right-to-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003cdiv class='rp-rating'\u003e\n\u003cspan class='resource-pool'\u003e\n\u003cspan class='pool-label'\u003ePublisher:\u003c/span\u003e\n\u003cspan class='pool-name'\u003e\n\u003cspan class='text'\u003e\u003ca data-publisher-id=\"30356011\" href=\"/search?publisher_ids%5B%5D=30356011\"\u003eCurated Video\u003c/a\u003e\u003c/span\u003e\n\u003c/span\u003e\n\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-description'\u003e\n\u003cspan class='short-description'\u003eThe British government says it is referring News Corp.'s bid for British Sky Broadcasting to competition authorities for a review.That announcement Monday from Culture Secretary Jeremy Hunt means that the bid will likely be put on hold...\u003c/span\u003e\n\u003cspan class='full-description hide'\u003eThe British government says it is referring News Corp.'s bid for British Sky Broadcasting to competition authorities for a review.\u003cbr/\u003eThat announcement Monday from Culture Secretary Jeremy Hunt means that the bid will likely be put on hold for\u003cbr/\u003eseveral months.\u003cbr/\u003eThe decision follows News Corp.'s withdrawal of a promise to spin off Sky News, which had been a condition for taking full control of the broadcaster, in which it already owns 39 percent.\u003cbr/\u003eBritain's Competition Commission now must hold a full-scale inquiry into whether the takeover would break anti-monopoly laws.\u003cbr/\u003eNews Corp. acted as the government was facing intense pressure to block the bid following revelations of phone hacking activity at the Sunday tabloid News of the World.\u003cbr/\u003e\"News Corp. continues to believe that, taking into account the only relevant legal test, its proposed acquisition will not lead to there being insufficient plurality in news provision in the UK,\" the company said.\u003cbr/\u003eThe move came as analysts predicted earlier on Monday that Rupert Murdoch's bid for full control of the lucrative satellite broadcaster was already doomed to failure.\u003cbr/\u003eFinancial analyst Louise Cooper of BGC Partners said the revelations of phone hacking at Murdoch's 'News of the World' title had sent the BSkyB share price tumbling - from 8.50 British pounds (13.5 US dollars) a week ago to just 7 British pounds (11.14 US dollars) today. \u003cbr/\u003e\"What that tells us is that the City no longer expects the takeover to go through - or is at least highly sceptical that it will go through, and that it definitely won't go through in the foreseeable future,\" she said. \u003cbr/\u003eEditor of the Guardian newspaper, the first to report on the hacking scandal two years ago, Alan Rusbridger also said the takeover bid was dead in the water on Monday. \u003cbr/\u003e\"I think the prospects of the BSkyB bid going ahead are now nil,\" he said. \"I think the government realises it would be politically impossible.\"\u003cbr/\u003eA failure to clinch the 7.5 billion pound (11.9 (b) billion US dollar) takeover would represent a huge setback for Murdoch, who has built up a global empire over four decades. \u003cbr/\u003eAs well as owning Fox News and the 20th Century Fox film studio, News Corp. owns a raft of newspapers and media outlets all round the world.\u003cbr/\u003e1. Wide of BGC Partners trading room \u003cbr/\u003e2. Various of traders shouting\u003cbr/\u003e3. SOUNDBITE (English) Louise Cooper, BGC Partners markets analyst:\u003cbr/\u003e\"The BSkyB share price only a week or so ago was up at ÄÅ¼Ë8.50. Rupert Murdoch has offered seven pounds a share. Now, the share price on the back of all the revelations that have come out about the News of the World has tumbled all the way down from 8.50 pounds to about the seven pound level. What that tells us is that the City no longer expects the takeover to go through - or is at least highly sceptical that it will go through, and that it definitely won't go through in the foreseeable future.\"\u003cbr/\u003e4. Tilt down News International headquarters in London\u003cbr/\u003e5. Media outside News International headquarters\u003cbr/\u003e6. Various exteriors of headquarters building\u003cbr/\u003e7. Signs outside rear entrance including News of the World sign\u003cbr/\u003e8. Various exteriors of The Guardian newspaper building\u003cbr/\u003e9. Guardian editor Alan Rusbridger walking through newsroom\u003cbr/\u003e10. SOUNDBITE (English) Alan Rusbridger, Editor of The Guardian newspaper \u003cbr/\u003e\"I think the prospects of the BSkyB bid going ahead are now nil. I think the government realises it would be politically impossible.\"\u003cbr/\u003e11. 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