[devilincarnate]

I like this bit?

James Murdoch is facing a new challenge over his position as chairman of Sky, after Ofcom launched a "fit and proper" person test against the News Corporation executive in the wake of phone hacking and corrupt payments scandals.

Earlier in the year, the media regulator set up Project Apple, a group of seven or eight staff dedicated to the assessment of whether News Corporation should be allowed to retain its 39.1% controlling stake in the pay-TV satellite broadcaster.

Should Ofcom conclude that Murdoch or News Corp are not 'fit and proper', it could threaten to revoke Sky's TV licence in the UK, forcing it to stop broadcasting to viewers until Murdoch steps down from the board or News Corp sells the stake.

http://www.digitalspy.co.uk/media/ne...-by-ofcom.html