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UK Culture Secretary Jeremy Hunt has reached a preliminary decision about the proposed Newcorp buyout of BSkyB I mentioned a few weeks ago. Click here for the full skinny. His verdict? He’s going to refer to it Ofcom, the British regulator (huzzah!). Oh, but wait. He would, if he wasn’t going to take the middle ground and give Newscorp time to make amends first. We’ll see. Click here for the Beeb’s coverage, and here for the full government statement. A brief synopsis of the media consolidation pros and cons here.
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