There is a God! In a carefully trailed and choreographed move, James Murdoch has stepped down as chair of the British satellite broadcaster BSkyB, which he had run for six years as CEO and in which his father’s company News Corp. holds a controlling 39 percent interest, according to the folks at Daily Beast.
The move represents James’s final retreat from the U.K. in the wake of the hacking and corruption scandal that broke last summer when The Guardian revealed that one of News International’s publications, News of the World, had hacked the phone of missing teenager Milly Dowler in 2002, who it later turned out had been murdered…..
Read more at http://www.thedailybeast.com/articles/2012/04/03/james-murdoch-resigns-as-chair-of-bskyb-the-dynasty-ends.html
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