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Old 20-12-2016, 01:30   #45
Horizon
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Join Date: Feb 2006
Location: Essex
Services: Sky, Cable & Freeview
Posts: 2,408
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Re: Petition to try and block Murdoch taking over Sky & it's channels.

Quote:
Originally Posted by pip08456 View Post
Don't expect me to research a point that you want to put over.

You do the research and you prove your point.

I do know the difference between de facto and de jure BTW.
You're the one trying to make the point not me. I know the Murdoch's control Sky, it is you who think they don't.

The fact that you said that Murdoch has de facto holdings of 39% demonstrates you don't understand the difference. That's de jure... You also probably think to control a company you must own more than 50% of a companies' shares...

Point 1: After the merger Murdoch held a 50% stake in BskyB. All other shareholders held smaller stakes and could not outvote him.
Point 2: After the merger Murdoch's man (Chisholm) became boss of the company. Murdoch became chairman with de facto control over the board.
Point 3: The sky branding and technology was used for the merged company.

That's 3 clear reasons why Murdoch did then and still does now, control Sky.
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Last edited by Horizon; 20-12-2016 at 02:53.
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