Sky News could be sold to Disney under new plan

Sky News could be sold to Walt Disney or completely ring-fenced in concessions put forward Tuesday by Rupert Murdoch's 21st Century Fox as it seeks to bolster its chances of taking full control of the U.K. satellite broadcaster Sky.

The proposals are aimed at easing some of the regulatory concerns over the extent of Murdoch's influence on British media if his 21st Century Fox is cleared to buy the 61 percent of Sky it doesn't already own for 11.7 billion pounds ($16.4 billion).

Fox said the proposals would protect Sky News' independence and that Disney has expressed an interest in buying Sky News "whether or not" its own separate proposed acquisition of 21st Century Fox proceeds — Disney is trying to take over many parts of Fox, notably its movie and television studios, which as well as its U.S. sports network.

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