Murdochs’ TV Deal in Britain Hinges on 3 Words: ‘Fit and Proper’
“Fit and proper” is that so-perfectly British standard by which regulators decide whether a company should be allowed to gain and retain broadcast licenses. It’s based on the premise that those who control news, information and entertainment options on television and radio should be held to high ethical standards, and that doing so determines “the kind of country we are,” as Jane Bonham-Carter, a member of Parliament, recently put it. Understanding just how important the Sky deal (complete ownership of the popular and highly profitable Sky satellite and cable network) would be for the Murdochs’ personal and global ambitions, and the complications that “fit and proper” could present to them, is vital to understanding the head-spinning developments at Fox News these past few months.
Murdochs’ TV Deal in Britain Hinges on 3 Words: ‘Fit and Proper’