03 April, 2012

CNN Breaking News

James Murdoch, the son of media magnate Rupert Murdoch, is expected to step down today as the chairman of BSkyB, a longtime institutional investor in the British satellite broadcaster told CNN.

Sky News, which is owned by BSkyB, also reported that James Murdoch was resigning from the post, citing unnamed sources.

The move would come on the heels of his resignation from News Corp.'s British newspaper publishing companies in the wake of hacking scandals over the past year.

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