Rupert Murdoch’s son, James, has stepped down as BSkyB’s chairman over the News International hacking scandal that’s been raging for the last couple of months, which has Murdoch smack-bang in the middle of it.
Apparently he walked on his own accord, saying:
"As attention continues to be paid to past events at News International, I am determined that the interests of BSkyB should not be undermined by matters outside the scope of this Company."
"I am aware that my role as Chairman could become a lightning rod for BSkyB and I believe that my resignation will help to ensure that there is no false conflation with events at a separate organisation."
While Sky itself hasn’t been implicated in any of the News of the World-related hacking saga, James Murdoch was. Although it has yet to be proven whether he knew about the hacking or not, the whole thing has been following him around like a bad smell. Murdoch will remain as a non-executive director on the board of Sky, while he’s moved to the US to work on News Corp’s other pay-TV offerings.
Currently Sky is under review by Ofcom as to whether it’s still fit for its broadcasting licence. Murdoch’s parting isn’t likely to change anything for the UK’s biggest pay-TV provider, so don’t get your hopes up of a subscription cut, or F1 entirely back on the BBC – I doubt we’ll ever see that now. [Sky]