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Wednesday, April 4, 2012

James Murdoch dodges fall-out

James Murdoch resigns as BSkyB chairman

James and Rupert Murdoch in London (Feb 2012) James Murdoch is working in New York at News Corporation, chaired by his father Rupert

James Murdoch has resigned from his role as chairman of UK broadcaster BSkyB, but will remain on the board.

The move is part of an effort to distance that company from the phone-hacking scandal at the News of the World newspaper, once a Murdoch title.

It means he no longer has a major role at a UK company. He also stood down as chairman of the newspaper publisher, News International, last month.

His father Rupert founded its parent company, News Corporation.

News Corporation had to drop its plans to take over the 61% of profit-making BSkyB it does not own as the hacking scandal began to gather momentum.

James Murdoch said in a statement that he did not want BSkyB to be undermined by "matters outside this company".

Read the full BBC story

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