James Murdoch’s Future at Stake as BSkyB Board Meets
The phone hacking scandal riling the British political and media worlds has posed a significant challenge to British Sky Broadcasting, the lucrative satellite television network that has long been the centerpiece of Rupert Murdoch’s European ambitions.
On Thursday, BSkyB’s board will meet for the first time since the outcry over phone hacking by one of Mr. Murdoch’s tabloid newspapers forced his News Corporation to drop its bid to buy the 61 percent of outstanding shares in the network that it does not already own. The future of BSkyB’s broadcasting license and the fate of its current chairman, Mr. Murdoch’s son James, are on the line, analysts said.