REPORT: James Murdoch To Step Down From His Role As Chairman Of BSkyB

james murdoch

SKY NEWS IS currently reporting that James Murdoch is to step down from his role as chairman of BSkyB.

According to Sky News, he is expected to resign later today as the fallout from the phone hacking scandal continues to affect the family businesses.

There is a board meeting of the broadcasting giant scheduled for later today.

Murdoch, son of media tycoon Rupert, has been under pressure for months because of the phone hacking scandal which engulfed the News of the World and the management structure of parent company News International.

He stepped down as the executive chairman of News International in February but remains the Deputy Chief Operating Officer of News Corporation, of which News International is a subsidiary.

At the time of that resignation, the company said that the 39-year-old would be concentrating on the international television business.

News Corporation owns a 39 per cent stake in BSkyB.

Read: James Murdoch steps down as executive chair of News International>
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