BSkyB hopes results can outshine hacking headlines
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Probes into phone hacking and the legacy of a failed bid by Rupert Murdoch to seize full control look likely to overshadow a resilient set of results from satellite broadcaster BSKyB on Wednesday.
BSkyB, already 39 percent-owned by Murdoch's News Corp, was dragged firmly into the centre of the hacking storm engulfing Murdoch's British newspaper business when its Sky News channel admitted last month that it hacked into emails on two occasions.
The channel said it had acted in the public interest but has been reprimanded for breaking the law by Judge Brian Leveson, who is leading an inquiry into press standards that is rocking the British establishment by delving into ties between journalists, politicians and police officers. Shares in BSkyB had been riding at their highest level in almost 10 years until revelations in July 2011 that an investigator for Murdoch's now defunct News of the World newspaper had hacked into the voicemail messages of murdered school girl Milly Dow…
The channel said it had acted in the public interest but has been reprimanded for breaking the law by Judge Brian Leveson, who is leading an inquiry into press standards that is rocking the British establishment by delving into ties between journalists, politicians and police officers. Shares in BSkyB had been riding at their highest level in almost 10 years until revelations in July 2011 that an investigator for Murdoch's now defunct News of the World newspaper had hacked into the voicemail messages of murdered school girl Milly Dow…
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