James Murdoch set to return as Sky chairman
Paris
THE British pay-television group Sky said on Friday James Murdoch was returning as chairman almost four years after his humiliating departure at the height of the News Corp phone-hacking scandal.
The announcement follows the recent return of another central figure in the scandal, Rebekah Brooks, and it has propelled speculation that News Corp may be preparing to reassert itself in the European media landscape through a new takeover bid for Sky. The company's US unit, 21st Century Fox, owns a 39 per cent stake in Sky.
"We're delighted that James Murdoch has agreed to step into the role of chairman," Sky chief executive Jeremy Darroch said in a statement that accompanied the British broad-caster's six-month financial results. "James' …
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Consumer & Healthcare
Swiss watch exports plunge as China and Hong Kong demand dries up
Cutting the cord?: Events leading up to Cordlife’s MOH suspension and arrests of its directors, ex-group CEO
Billionaires selling cheap stuff get richer from inflation pain
Amazon to push cashierless shopping tech into more third-party stores, while backing off itself
Japan’s Uniqlo opens Rome store as part of European expansion
Abbott beats quarterly profit estimates on strong medical device sales