BSkyB Chairman James Murdoch to quit: Under pressure from phone-hacking scandal

[cal04]

Last edited Tue Apr 3, 2012, 10:24 AM - Edit history (1)

Source: Reuters

BSkyB non-executive Chairman James Murdoch, under fire over his handling of a phone hacking scandal, is to step down from his role at Britain's dominant pay-TV company, the group's news channel reported on Tuesday.

A spokesman for BSkyB declined to comment on the report, which said that Murdoch would step down after a board meeting later on Tuesday.




Report: James Murdoch to Step Down From BSkyB

http://abcnews.go.com/Business/wireStory/report-james-murdoch-step-bskyb-16060810

Media executive James Murdoch, under pressure over his role in Britain's tabloid phone hacking scandal, is stepping down as chairman of British Sky Broadcasting, the Sky News channel reported Tuesday,

Sky, the news channel of BSkyB, reports the resignation will be confirmed later Tuesday after a board meeting.

Media mogul Rupert Murdoch's News Corp. media empire, which owns 39 percent of BSkyB, had no comment. BSkyB did not immediately return calls.



Read more: http://www.msnbc.msn.com/id/46937285/ns/business-us_business/

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Updated with video from Sky News
BSkyB Chairman James Murdoch Steps Down
http://news.sky.com/home/business/article/16201858

BBC
James Murdoch has resigned his role as chairman of UK satellite broadcaster BSkyB, but will remain on the board.
http://www.bbc.co.uk/news/business-17599269

[leveymg]

1. So, who takes over? His sister? Rupert? Prince al-Waleed?

[muriel_volestrangler]

3. 'Nicholas Ferguson'

http://www.bbc.co.uk/news/business-17599269

[dipsydoodle]

4. and jeremy Darroch

NEW YORK, NY – April 3, 2012 - "We are grateful for James Murdoch's successful leadership of BSkyB. He has played a major role in propelling the company into the market-leading position it enjoys today – and in the process has been instrumental in creating substantial value for News Corporation shareholders. We look forward to BSkyB's continued growth under the leadership of Nicholas Ferguson and Jeremy Darroch and to James' continued substantial contributions at News Corporation."

http://www.guardian.co.uk/media/2012/apr/03/james-murdoch-bskyb-live

[gratuitous]

2. Golly, is that still going on?

Hard to believe a simple investigation of facts could lead to such a pretty pass. All that lookin' backwards to the past instead of lookin' forward to the future, and a good job is lost. Thank goodness we don't do that sort of thing in the United States. The sins of the past stay in the past here, isn't that right, Mr. Kissinger? Mr. Cheney? Mr. Bush?

God bless America.

[dipsydoodle]

6. Not only still going on,

yawn, but News Corps share values are their highest ever now having gained 12% over the past 12 months as a result of/despite this debacle.

btw - there's probably more interest here on DU in the subject than there is in the entire UK population. When News Int. launched the Sun on Sunday a few weeks back the independently audited distribution figure was a staggering 3.2 million copies - that figure is higher than the NOTW sold prior to its demise in August.

[muriel_volestrangler]

8. Top story on the Telegraph, BBC, Guardian, Sky News, UK Reuters, Channel 4, ITV, Financial Times ...

and the Independent (I ran out of room on the title, so I'll stop now).

Yes, 'yawn'. No interest in the UK, clearly.

The Sun on Sunday sales dropped back to NOTW levels the next week: http://www.guardian.co.uk/media/2012/mar/09/sun-on-sunday-versus-now . And it's half the price. But sales don't imply quality, especially of news.

What is it with you and boosting the Murdochs? I just don't get it. It's just this one subject on which you are the most enthusiastic cheerleader I've seen - far more than any right winger.

[dipsydoodle]

9. It doesn't follow

that what is news here is actually of particular interest to our public in general - its just news and would look odd if they didn't mimic each other.

I don't boost anything. I just help complete the information.

To what do you attribute the success of the Sun on Sunday other than bland indifference to the News International situation here ?

[muriel_volestrangler]

10. Its cheap price, apathy among some, and a belief by some that it was just the personnel

who worked on the particular paper who were the problem, rather than a corporate culture that came from Rupert Murdoch. The same kind of culture that means Liverpool still doesn't buy The Sun.

[Uben]

5. The Murdoch name is tarnished

They let greed run their lives. Now, they need to spend what life they have left in prison to pay for their transgressions. Makes you almost wanna tear up.....NOT! They really need to get what they deserve. They got caught cheating to satisfy their greedy nature. I have zero sympathy and a lot of disdain for them.

[Baitball Blogger]

7. I wonder after all the disruption this caused, will it end with a whimper?