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| Sky 'fit and proper' to hold TV licence, says Ofcom | Sky 'fit and proper' to hold TV licence, says Ofcom |
| (35 minutes later) | |
| Media regulator Ofcom has decided Sky is a "fit and proper" company to hold a broadcasting licence. | Media regulator Ofcom has decided Sky is a "fit and proper" company to hold a broadcasting licence. |
| Ofcom was investigating the satellite broadcaster in the wake of the phone hacking scandal that engulfed Rupert Murdoch's News Corp media empire. | Ofcom was investigating the satellite broadcaster in the wake of the phone hacking scandal that engulfed Rupert Murdoch's News Corp media empire. |
| News Corp owns 39% of BSkyB, and James Murdoch, Rupert's son, was chairman until he stepped down in April. | News Corp owns 39% of BSkyB, and James Murdoch, Rupert's son, was chairman until he stepped down in April. |
| Sky welcomed the decision, saying "our track record of compliance in broadcasting is good". | |
| In a statement, Ofcom said: "In July 2011, in light of the public debate about phone hacking and other allegations, Ofcom confirmed that it had a duty to consider whether Sky was fit and proper to continue to hold its broadcast licences. | |
| "Ofcom considers that, on the evidence currently available and having taken into account all the relevant factors, Sky is fit and proper to hold its broadcast licences." | |
| Ofcom said, however, that "should further evidence become available" it would look at the issue further. | Ofcom said, however, that "should further evidence become available" it would look at the issue further. |
| Sky said: "Ofcom is right to conclude that Sky is a fit and proper broadcaster. As a company, we are committed to high standards of governance and we take our regulatory obligations extremely seriously." | |
| Last May, the Commons media committee concluded that Rupert Murdoch was "not a fit person" to run a major international business. However, four of the 10 committee members disagreed, as the MPs split on party lines. | |
| Under the Broadcasting Act 1990, Ofcom has to ensure holders of broadcasting licences are "fit and proper". |