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| Rupert Murdoch. Time Magazine. |
Media tycoon Rupert Murdoch has found
opposition to an expansion of his company, News International, in
London politics. According to the Chicago Tribune, Britain's Labor
leader Ed Miliband said he wanted reform of the United Kingdom's
media policies, and “told a judicial hearing on Tuesday the
government should move to cap market shares on news organizations.”
According to the Chicago Tribune,
Miliband spoke at an inquiry regarding the phone-hacking scandal that
involved Murdoch's British tabloids in 2011.
Citing Murdoch's empirical grip on the
media in the UK (and his near 40 percent share of national newspaper
readership) Miliband said that legislative reforms should limit
companies' news shares to near 20 percent.
The Chicago Tribune reported that the
Labor party is up in opinion polls, but with elections nearly three
years away, media ownership reforms are still uncertain.
Check out the Tribune's story from Reuters here.
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