James Murdoch Stepping Down as BSkyB Chairman
More fallout from PhoneGate: News Corp. executive James Murdoch is stepping down as chair of British Sky Broadcasting, the U.K. satellite TV company, according to a report from BSkyB’s news service. Both Murdoch and News Corp., which owns 39 percent of BSkyB, continue to be embroiled in the phone-hacking scandal that erupted last summer. News Corp. also owns Dow Jones, which owns this Web site.