Desmond Says U.K. Must Be ‘Careful’ on BSkyB Deal, Sky Reports

Feb. 28 (Bloomberg) -- Richard Desmond, the owner of the Daily Express newspaper, told Sky News in an interview that while he would “never go against” News Corp. Chairman Rupert Murdoch in his company’s bid to buy British Sky Broadcasting, the risk of so much media control resting in the hands of Murdoch’s successor could create a “very dangerous situation” if the person were a “despot.”

The Murdoch family own 11 percent of News Corp., while the second biggest investor in the company is from the Middle East, Desmond said in the interview. “I think we have to be a bit careful,” he said to Sky News.

To contact the reporter on this story: Blanche Gatt in London at bgatt@bloomberg.net

To contact the editor responsible for this story: Colin Keatinge at ckeatinge@bloomberg.net.