bskyb

The Scandal's Second Scalp: News Corp Abandons BSkyB Bid

Hamilton Nolan · 07/13/11 09:22AM

Do you hear that? It's the sound of another shoe dropping. News Corp, besieged by a strange and unfamiliar phenomenon called "bad publicity that can't just be ignored," just announced that it's abandoning its lengthy (and extremely important, at least in the context of European media) quest to take over British Sky Broadcasting.