The content originally appeared on: CNN But the committee stopped short of calling on News Corp to dilute or otherwise cede any of its Australian interests, and instead made a number of recommendations - including the creation of a judicial inquiry into media diversity, ownership and regulation. The report said it is clear the country's media regulation is not 'fit-for-purpose' and that significant changes are needed. The inquiry was launched after more than 500,000 people signed a petition initiated by […]