Murdoch gets green light to buy US satellite giant

US regulators have given media tycoon Rupert Murdoch’s News Corporation the go-ahead to take over America’s largest satellite TV provider, in a €6.3bn deal.

But the Federal Communications Commission imposed conditions on the takeover of DirecTV, insisting that News Corp must agree to arbitration to iron out disputes with companies that carry its broadcast and cable channels, such as cable companies and other satellite providers.