Murdoch makes five-year Sky News commitment to ease Fox takeover

21st Century Fox has vowed to maintain the editorial independence of Sky News and to continue funding the loss-making channel for a period of five years in an effort to dampen regulatory concerns at its looming takeover.
The Murdoch-owned media giant is seeking to wrest control of the channel as part of a $15.7bn takeover of pay TV provider Sky, but its rolling 24-hour news channel has proven to be the main stumbling block hindering this move.
Now Fox has moved to assuage concerns by pledging to