21st Century Fox: Disney Could Take Over Sky News

21st Century Fox has given the U.K. Competition and Markets Authority (CMA) two new proposals designed to address the regulator’s concerns regarding the planned takeover of British broadcaster Sky.

One proposal is that The Walt Disney Company could take over Sky News. 21st Century Fox said that Disney has “expressed an interest” in acquiring Sky News, whether or not Disney’s proposed acquisition of 21st Century Fox moves forward.

Another proposal is that Sky News would be legally separated from the rest of Sky, in a bid to ensure its editorial independence. Sky News would be split off as a distinct company within the Sky Group, with its own fully independent board and under the management control of the head of Sky News.