Fox Is Willing to Make Concessions to Win Approval for Sky Bid

21st Century Fox Inc., trying to win government approval for its $15 billion deal for control of Sky Plc, is prepared to make concessions to U.K. regulators who are scrutinizing its suitability as a media owner, according to people familiar with the matter.

The film and television company is willing to negotiate over remedies if necessary, including changes to corporate governance, though it doesn’t expect to be asked for major alterations, said the people, who asked not to be identified discussing private information. Fox, which already owns 39 percent of Sky, isn’t considering spinning off Sky News or creating an independent board, one of the people said.