ADVFN - Advanced Financial Network.
HOME» NASDAQ » N » NWSA Stock Price » NWSA Stock News

News Share News

 News (mm) Stock Price
NWSA Stock Price
 News (mm) Stock Chart
NWSA Stock Chart
 News (mm) Stock News
NWSA Stock News
 News (mm) Company Information
NWSA Company Information
 News (mm) Stock Trades
NWSA Stock Trades

UK Prime Minister Says No Deal Made With Murdoch, News Corp

LONDON -(Dow Jones)- U.K. Prime Minister David Cameron said Sunday there was no agreement between him and Rupert Murdoch, or his son James Murdoch, to support News Corp.'s (NWS, NWS.AU, NWSA) business interests in return for the media company's support of his Conservative party. "The idea there was some grand bargain between me and Rupert Murdoch - that is not true," he said in a interview with BBC television. The government's links with media groups, in particular News Corp., have come under renewed scrutiny this week after the special adviser to the culture minister resigned over his close contacts with the Murdoch-owned company during its efforts to take control of pay-television operator British Sky Broadcasting Group PLC (BSY.LN) last year. Opposition lawmakers have called for Jeremy Hunt, the minister for culture media and sport, to also resign over the allegations he was too close to New Corp while he handled the regulatory process over the BSkyB bid. Hunt has said he acted with "scrupulous fairness throughout" the process and pledged to give evidence on the matter before Brian Leveson, a government-appointed judge who is conducting a public inquiry into British media practices. Cameron again backed his culture secretary, saying he had done an excellent job. As for his own conduct, he admitted that he had wanted the support of as many newspapers and media commentators as possible, but he did not govern or change his policies to suit media proprietors. "People watching this need to know, the positions I reach are because I believe them, I think they are right for our country; that's the platform I stand on," he said. Cameron said he would abide by what the Leveson inquiry requests. There was too much "closeness" in the relationship between politics and the media and the problem had been going on for a long time, he said. "We've got the opportunity as a coalition government with a judge-led inquiry whose terms are agreed by all three party leaders, we have got the opportunity to get it to a much, much better place," the prime minister said. Cameron reiterated that he would not set up a parallel investigation into whether Jeremy Hunt broke ministerial rules, saying the Leveson inquiry must be allowed to take its course. However, he said he would act before the Leveson inquiry ended if evidence arose that indicated Hunt has acted improperly. "If information arises that paints a different picture from the one that we have heard then obviously I know my responsibilities towards the ministerial code, towards how ministers behave, and I would act," he said. "As things stand I don't believe Jeremy Hunt breached the ministerial code." News Corp.'s bid to take full control of BSkyB collapsed last July after revelations of phone hacking at News Corp.'s U.K. tabloid, News of the World. News Corp. owns a 39.1% stake in BSkyB. News Corp. also owns Dow Jones Newswires and the Wall Street Journal. -By Nicholas Winning, Dow Jones Newswires, +44 207 842 9498; nick.winning@dowjones.com

Stock News for News (NWSA)
DateTimeHeadline
09/26/201612:27:00New York Post Digital Network Reaches 43 Million Visitors in...
09/25/201623:40:00Publishing Trade Body Digital Content Next Announces Online Ad...
09/23/201611:00:00Realtor.com® Expands Industry Relations Team; David Phillips...
09/23/201610:30:0021st Century Fox Boosts Pay of Rupert Murdoch, Sons
09/23/201600:00:00Sony and Dalian to Market Films in China
09/22/201609:00:00Realtor.com® Ranks the Hottest ZIP Codes for 2016
09/21/201616:20:00Univision Names News Corp's Raju Narisetti as CEO of Former Gawker...
09/16/201616:00:0021st Century Fox Sues Netflix for Poaching Employees
09/15/201616:07:00News Corp to Participate in Goldman Sachs 25th Annual Communacopia...
09/14/201618:10:00Fox News Co-Presidents Sign Multiyear Pacts
09/14/201617:50:00Former News Corp Executives Accused of Misleading U.K. Parliament
09/14/201613:50:00Google's Gmail Outage Affects Corporate Users
09/12/201617:10:00Kirkland & Ellis to Absorb Bancroft
09/12/201615:00:00Fox Ad Sales Chief Toby Byrne Steps Down
09/08/201616:38:00News Corp’s Move, Inc. to Participate in Bank of America Merrill L...
09/06/201610:40:00Fox Settles Sexual-Harassment Suit With Gretchen Carlson
08/31/201610:40:00U.S. Pending Home Sales Index Rose 1.3% in July
08/31/201608:40:00EU Plans New Legislation to Protect Publishers
08/26/201612:20:00EU May Require Internet Companies to Pay Publishers for News
08/24/201610:50:00U.S. Existing Home Sales Fell Sharply in July

News and other NASDAQ stock quotes are delayed by at least 20 minutes.
All other stock price and quote data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad