Murdoch Out As BSkyB Chair

by Investor's Business Daily, Benzinga Contributor

April 3, 2012 6:47 PM | 19 seconds read | Make a Comment

10. Media mogul Rupert Murdoch's son quit as British Sky Broadcasting chairman in a continuing fallout from last year's U.K. phone hacking scandal. James, 39, said he'd become a "lightning rod" for criticism. He'll stay on the board. His father's News Corp. (

NWSA

) owns 39% of the satellite TV firm. The scandal derailed News Corp. plans to buy out BSkyB.

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