James Murdoch reelected to British Sky Broadcasting board
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James Murdoch won an endorsement from shareholders to serve another year on the board of satellite television service British Sky Broadcasting.
Murdoch received 95% of the vote cast Thursday in London during the annual vote of shareholders. Murdoch did, however, receive the third-lowest vote total of any of the directors up for reelection.
Two others with long-term ties to Murdoch’s father, News Corp. Chairman Rupert Murdoch, received fewer votes. However, despite the mild protest, both David DeVoe, chief financial officer of News Corp., and Arthur M. Siskind, a News Corp. director for two decades, were returned to the BSkyB board.
Earlier this year, James Murdoch resigned as chairman of BSkyB. He has faced withering criticisim for his lack of management of the phone hacking crisis that erupted within News Corp.’s British newspaper unit.
The ethics debacle led to the closure of the profitable News of the World tabloid and derailed News Corp.’s $12-billion bid for full control of BSkyB.
News Corp. maintains 39% control of the satellite television company. Nearly a dozen people associated with the hacking scandal have been charged, with several scheduled to go to trial late next year.
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