RR Phantom
Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: More NOTW fallout: James Murdoch resigns as BSkyB chairman Tue Apr 03, 2012 6:18 pm | |
| James Murdoch has resigned from his role as chairman of UK broadcaster BSkyB, but will remain on the board.
The move is part of an effort to distance that company from the phone-hacking scandal at the News of the World newspaper, once a Murdoch title.
It means he no longer has a major role at a UK company. He also stood down as chairman of the newspaper publisher, News International, last month.
His father Rupert founded its parent company, News Corporation.
News Corporation had to drop its plans to take over the 61% of profit-making BSkyB it does not own as the hacking scandal began to gather momentum.
James Murdoch said in a statement that he did not want BSkyB to be undermined by "matters outside this company".
Sources told Robert Peston, the BBC's business editor, that it was Mr Murdoch's own decision to leave.
http://www.bbc.co.uk/news/business-17599269 |
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