News UK chief Rebekah Brooks says focus will be to reach audiences via shows on streaming platforms
Rupert Murdoch has drastically scaled backed plans for a new opinionated television service in the UK, after concluding that it is not financially viable to launch a fully-fledged rolling news channel in the style of Fox News.
Rebekah Brooks, chief executive of his News UK company, told staff that the enormous cost of getting a television news channel on air meant it did not make business sense to push ahead.
