Monday 18 July 2011

Sky News Arabia plan rolls on - The National

Sky News is pressing ahead with plans to launch an Arabic-language station based in Abu Dhabi, despite the phone hacking scandal in the UK rocking Rupert Murdoch's News Corp empire.

The broadcaster's joint venture in Abu Dhabi, Sky News Arabia, said the launch next spring of the 24-hour news station had not been derailed. Last week, News Corp announced it had dropped a plan to buy out BSkyB, which operates Sky News, in the wake of the phone hacking crisis.

'Sky News Arabia is a 50/50 joint venture with BSkyB and the Abu Dhabi Media Investment Corporation (Admic). Both organisations remain committed to the launch,' Sky News Arabia said in a statement. News Corp already owns a 39 per cent stake in BSkyB. But last week it abandoned a US$12.6 billion (Dh46.27bn) bid for full control of the company.

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