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James Murdoch to quit BSkyB

James Murdoch to quit BSkyB

The younger son of media baron Rupert Murdoch has been facing increasing pressure in the UK over what he knew about phone hacking.

London: Singed by the phone-hacking scandal, James Murdoch, who resigned as executive chairman of News International in February, will soon step down as the chairman of British satellite broadcaster BSkyB.

The younger son of media baron Rupert Murdoch has been facing increasing pressure in the UK over what he knew about phone hacking.

He has appeared before MPs twice to explain his position in the controversy that has affected the commercial fortunes in the UK and elsewhere.

Nicholas Ferguson, deputy chairman of BSkyB, is expected to take over from Murdoch, Sky News reported, and added that Murdoch was expected to resign at the board meeting of BSkyB later today.

Parent company News Corp, which owns almost 40 per cent of BSkyB, wanted to buy the whole of the company, but withdrew its bid as political pressure mounted due to allegations of unethical news-gathering practices at sister company News International's News of the World, which was shut down last July.

first published:April 03, 2012, 19:13 IST