Statement from Rupert Murdoch, Chairman and CEO of News Corporation and Chase Carey COO, News Corporation Regarding James Murdoch's Decision to Step Down as Chairman of BSkyB

"We are grateful for James Murdoch's successful leadership of BSkyB. He has played a major role in propelling the company into the market-leading position it enjoys today – and in the process has been instrumental in creating substantial value for News Corporation shareholders. We look forward to BSkyB's continued growth under the leadership of Nicholas Ferguson and Jeremy Darroch and to James' continued substantial contributions at News Corporation.”