Viewers are waiting for James Murdoch’s final act in the BSkyB drama – Telegraph

by peterjukes

But who would fall for that? It’s far too late for an elegant exit from a job Murdoch should never have had in the first place. Sure, he was a fine Sky chief executive, taking the company into broadband and HD telly – even if he did blow £535m on a poison-pill stake in ITV. But, given News Corp’s 39pc stake in Sky, he has never been the independent chairman the satellite broadcaster requires. It needs a corporate ringmaster to adjudicate between the interests of Sky’s independent shareholders and those of the Murdoch family business. Instead it picked its major shareholder’s son – already conflicted by his former job as chief executive and now tainted by hacking.

At Sky’s last AGM, 44pc of independent shareholders either voted against Murdoch’s re-election to the board or abstained – a sort of unmissable message.

via Viewers are waiting for James Murdoch’s final act in the BSkyB drama – Telegraph.

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