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
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.
Follow Maisie McCabe on Twitter @MaisieMcCabe
This article was first published on mediaweek.co.uk
Latest jobs Jobs web feed
- Account Director- Exciting Online Content Marketing Company- Up to £70,000 plus OTE Cedar Scott Up to £70,000 basic (up to £90,000 OTE) plus share options, Central London
- Category Manager Pearson Competitive salary & performance related bonus & benefits, Central London
- Global Product Manager Evans Taylor c£50k - c£60k p.a. plus car, bonus and benefits, North East of England or Central London
- Retail Marketing Manager - Maternity Cover Tottenham Hotspur Football Club Up to £35,000 pro-rata, Tottenham and Enfield
- Brand Manager Radisson Blu Edwardian, London Competitive , South Kensington, London
- ACCOUNT DIRECTOR/SENIOR ACCOUNT DIRECTOR - BTL/SP/Brand Experience - London - £45 - £55k plus bonus Judi Patton £45K-55K plus bonus, London/Greater London
Integrated digital marketing offers huge opportunities to engage, servic...
Mobile marketing is coming of age, and the pace of change is now exponen...
With UK consumers spending an average of £1,083 a year online, int...
Conversational Mobile Marketing: Engage Customers and Empower Advocates (Expert Reports) External website
The pressure is on for marketers and mobile operators to embrace a strat...
As a nation, the UK is media and technology obsessed with over half of t...
All customers have the potential to become your brand advocates, driving...