It's the end of the road for the 16-year old xxx million dollar ESPN-Star Sports joint venture. ESPN will sell its 50% stake in the venture to Murdoch's News Corp. CNBC-TV18‘s Animesh Das reports
James Murdoch, former chairman of News International, on Tuesday stuck to his stand that he did not see a crucial e-mail that indicated phone-hacking was widespread in the now-defunct 'News of the World' tabloid, as he faced forensic questioning at an inquiry into media ethics.
In a major new allegation, a lawyer for the family of murdered British schoolgirl Milly Dowler says police have told him her voicemail messages had been hacked in 2002, possibly by a News of the World investigator.
News Corp said on Wednesday that James Murdoch, the younger son of chairman Rupert, would relinquish his position as executive chairman of its News International unit.
Two top 10 shareholder in BSkyB will vote against James Murdoch remaining as chairman of the company at its AGM on Tuesday, according to newspaper reports on Sunday.
Top executive of tainted News International James Murdoch is likely to be recalled to testify by British lawmakers after doubts were raised over his evidence on phone hacking.
Battered by the phone-hacking controversy, James Murdoch has managed to retain his position as the chairman of BSkyB, but if there is more bad news in future for Murdoch's media empire in Britain, he may have to relinquish the post.
British pay-TV giant BSkyB today said that James Murdoch will remain chairman despite the phone-hacking row at main shareholder News Corp, as the broadcaster revealed a 23% jump in profits.
The board of BSkyB today gave chairman James Murdoch their 'unanimous support', a source close to the British satellite broadcaster said, despite calls for him to quit over the phone-hacking scandal.
The past week has been an eventful one for India Inc and the world. Policy decisions have come through towards the end of the week, in India and globally, but terror struck again.
Putting News International chairman James Murdoch in a tight spot, two of his former executives have questioned his testimony to a parliamentary committee where he pleaded ignorance to the wider practice of phone hacking at his now defunct newspaper News of the World.
A dramatic day for the Murdoch empire, as Rupert Murdoch and his son appeared before a parliamentary committee on allegations of phone hacking and corruption. Author of Wilful Blindness: Why We Ignore the Obvious at Our Peril, Margaret Heffernen talks about the proceedings and her takeaways.
News Corp has promoted James Murdoch to the role of deputy chief operating officer in a move that will be seen to mark him as eventual successor to his 80-year-old father, Rupert.