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News Corp.’s BSkyB Stake Examined Amid Phone-Hacking Inquiry

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News Corp.’s involvement in the U.K. phone-hacking and bribery scandal has drawn attention from regulators, who are examining the company’s fitness to hold a broadcasting license through its stake in British Sky Broadcasting Group Plc.

The scandal, set off when News Corp.’s reporters were found to have hacked into sources’ phones and bribed police for stories, is being scrutinized by a special team, dubbed “Project Apple,” at media regulator Ofcom, according to minutes released under a Freedom of Information Act request published on Ofcom’s website.