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James Murdoch Shows He Is His Father’s Son, Buying 17.9% Of ITV To Spoil A Possible Deal With RTL or NTL, Just As His Father Bought A 7.5% Stake In Australia’s Fairfax Newspapers To Ruin Any Possible Buyout There
Philip Stone November 18, 2006
James Murdoch, son of Rupert, showed over the weekend how his father’s blood runs through his veins, shocking the British television establishment as his BSkyB, the country’s main satellite TV operator, bought a 17.9% share in ITV, the country’s top commercial terrestrial network, basically putting an end to any ITV buyout ideas by RTL or NTL.
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