James Murdoch to stand down from BSkyB

James Murdoch is set to stand down from his position as chairman of BSkyB following a year in which he failed to fully acquire the broadcaster for News Corporation amid revelations of phone hacking at one of its newspapers.

James Murdoch: to stand down from BSkyB board
James Murdoch: to stand down from BSkyB board

BSkyB's Sky News is reporting that Murdoch is expected to announce his resignation later today (3 April).

Murdoch, who is also chairman and chief executive of News Corporation International and deputy chief operating officer of News Corporation, has been under increasing pressure since the serious allegations of malpractice at News of the World began to emerge last summer.

The revelations led to the closure of the 168-year-old tabloid and raised questions about News International's senior management team.

News Corporation owns 39.1% of BSkyB and was set to buy the remaining shares in the business last year when it dramatically pulled out of its bid amid fierce political and public opposition.

Since then, Murdoch's role in, and management of, News International's UK operations have been publicly scrutinised and in some quarters attacked.

In February, Murdoch stepped down from his position as executive chairman of UK publishing arm News International, despite News Corporation having claimed as recently as last autumn that he would remain as NI chairman.

Speculation that Murdoch could step back from his UK activities first mounted in March last year, when he added the role of deputy chief operating officer of News Corporation, in addition to his international responsibilities, and moved to New York.

Spokespeople for BSkyB and News Corporation declined to comment.

UPDATE:

James Murdoch: 'This is the right time for me to step aside as chairman'

Murdochs expected to take a back seat at News Corporation in future

Follow Maisie McCabe on Twitter @MaisieMcCabe


Have your say...

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus
Media Week Jobs
Search for more media jobs

Latest

Twitter video: what marketers need to know

Twitter video: what marketers need to know

The roll-out of Twitter video is a positive move to further improve user experience, writes Andy Pringle, head of performance media, Performics UK, part of the ZenithOptimedia Group.

Share
'Too vague' Google forced to review data privacy policy

'Too vague' Google forced to review data privacy policy

The office of the Information Commissioner (ICO) has forced Google to review its privacy policy and improve the way it communicates to customers how it uses data.

Share
Tony Vickers service of thanksgiving on 23 February

Tony Vickers service of thanksgiving on 23 February

A service of thanksgiving for Tony Vickers, the former managing director of sales and marketing at BSkyB and sales chief at TV-am, will be held on Monday 23 February.

Share

Get news by email