James Murdoch will resign as chairman of BSkyB, the British satellite broadcaster said Tuesday. Murdoch is the son of News Corp. chief Rupert Murdoch and had been seen as a possible successor to the media baron. However, he has been systematically reducing his role in the company following phone hacking and bribery scandals at News Corp.'s British tabloids News of the World and the Sun. He will be replaced by BSkyB's Deputy Chairman Nicholas Ferguson. James Murdoch cited questions about the U.K. phone hacking scandal as part of his reason for stepping down. Also read: James Murdoch...
- 4/3/2012
- by Brent Lang
- The Wrap
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