The Mudcat Café TM
Thread #133330   Message #3024111
Posted By: GUEST,Steamin' Willie
05-Nov-10 - 05:49 AM
Thread Name: BS: A faint hope for UK media plurality?
Subject: RE: BS: A faint hope for UK media plurality?
A bit of a catch 22.

I don't want one external voice, accountable to nobody, having such huge control of the media. That's how the italians ended up with old Silvio (!)

On the other hand, some NI shares were part of a portfolio I bought a few years ago. The part of me that doesn't want malignant influence in the press agrees with the part of me that in reality is not happy owning shares in this empire.

That said, if they get the rest of BSkyB for somewhat less than the brave 800p, my shares will go up anyway, allowing me to sell them on at a nice profit.

If, however, Vince Cable decides otherwise, perhaps I should sell now, as NI shares will dip for a while if they have to walk away with their tails between their legs.

Interesting times. Didn't know you were an investor yourself Richard? Must have a glass of bubbly together at the next AGM.