Rupert Murdoch

Australian-American business magnate

Rupert Murdoch

Australian-American business magnate

Cable Urges End to Dominant Media Moguls

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  • Sunday, 24 July 2011

Business Secretary Vince Cable believes that having dominant media moguls is "deeply unhelpful" and wants clear rules on market share limits and cross-ownership between press and television. He accepts that Rupert Murdoch has made positive contributions to the British media landscape, but thinks plurality, diversity, and choice are needed. Cable wants a "presumption against" media groups owning both newspapers and TV stations and will wait for Lord Justice Leveson's inquiry recommendations before making any decisions.

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