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James Murdoch to resign as BSkyB chairman

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

Quote:

James Murdoch is to step down as chairman of UK satellite broadcaster BSkyB, but will remain on the board.

His father Rupert founded its parent company News Corporation, which had to drop its bid for BSkyB amid a phone-hacking scandal at a UK newspaper.

Sources told Robert Peston, the BBC's business editor, that it was James Murdoch's decision to leave.

They said it was an attempt to pre-empt further criticism as investigations continue into phone hacking.

In February, James Murdoch stepped down as chairman of News International, which published the News of the World.

He said then that he had moved to New York to work on News Corp's pay-TV businesses around the world.

News International shut down the News of the World last July amid a storm of allegations of widespread wrongdoing, including the hacking of the phone of murdered schoolgirl Milly Dowler.

Our correspondent says that Mr Murdoch has been braced for serious criticism of his stewardship of News International by the Commons Culture Media and Sport select committee.

However, he adds that his resignation has not been prompted by any advance knowledge of the report into hacking being written by the committee.

There is also a review being conducted by Ofcom, the media regulator, of whether British Sky Broadcasting is fit and proper to continue holding a broadcasting licence.

News Corp owns 39% of BSkyB and had wanted to buy the whole of the firm.

An empty gesture ..... :hmph:

I'd much rather the company crash and burn

i am so happy he is getting pay pack - might even do a poem on him .

keep us updated joe.

:laugh: shaun.

I'm glad he stood down :hmph:

Good riddance to him.

It Changes Nothing
He did not want
to be there.

The No.2 takes Over

Sky1HD and SkyAtlanticHD
our are best channels at this time.

And Sky3-D is Free
Bliss.

Quote:

Originally Posted by Omah (Post 5056420)

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

An empty gesture ..... :hmph:

omah - you beat me to it - i wanted to start a thread on this matter lol i am to slow - i have expressed myself in my normal way and i am glad he has had to do this as it is a sting in his face - yes i still think he needs to fall much further. but i hope this brings him down a bit more.

James and the giant resign 4.4.12

i did not ever believe,
because people like you give and never receive.
but a good few weeks it took,
and now you have signed the resign book.
was it the public or your father,
admitting, you may not rather.
any which way, i no you have taken a melt,
just like Milly's mum, pain i hope you felt.
the Murdoch's no longer have the monopoly,
it all looks rather down market and sloppy.
this wont reach the press but i will internet message board parade,
i am still digging you whole, James's in my hand is a pen and spade.