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April 4, 2012

James Murdoch Resigns As Chair of BSkyB 
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Rupert Murdoch's son James has became the latest casualty in the
phone-hacking scandal that has shaken Murdoch's News Corp. media empire.
On Tuesday, James Murdoch resigned as chair of the British satellite
broadcasting company BSky B. The move comes a month after he resigned as
chair of News International. Up until last year James was seen as the
heir apparent to his father's media empire. Porter Bibb is managing
partner in an investment bank specializing in media ventures.

Porter Bibb: "James Murdoch did not want to be seen to be forced out of
office as chairman of BSky B, which might have been inevitable when the
parliamentary committee's report comes out 10 days from now. He's also
with his father, Rupert Murdoch, about to be called in front of the
judiciary committee, the Leveson Committee to testify on bribing public
officials and then there's the third investigation underway, the
Metropolitan police, Scotland Yard is very close to charging at least
some of the 28 people who have been arrested from various News Corp.
entities."



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