Telegraph Media Group: Ownership Debate
Full Debate: Read Full DebateDepartment: Department for Digital, Culture, Media & Sport
Baroness Smith of Llanfaes
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Telegraph Media Group: Ownership
Baroness Smith of Llanfaes Excerpts(2 days, 13 hours ago)
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Baroness Twycross (Lab)
We have settled on 15% as the cumulative amount, and this House had the opportunity to debate it at some length in July. Whether that is one FSI, one state-owned investor or a number of state-owned investors, it will not exceed 15%. The Competition and Markets Authority has been clear that it does not consider that a material influence would be likely to occur below 25%, so 15% is well within that limit.
Baroness Smith of Llanfaes (PC)
My Lords, on the topic of media ownership, can the Government please clarify why the Senedd is not having a say on the appointment of the chair of S4C?
Baroness Twycross (Lab)
I will need to write to the noble Baroness on that matter, as it did not come up in the preparation for this Question and I do not want to give an incorrect answer.