Hello Guest, if you are reading this it means you have not registered yet. Please take a second, Click here to register, and in a few simple steps you will be able to enjoy our community and use our OpenViX support section.
Results 1 to 1 of 1

Thread: Time for James Murdoch to abdicate?

  1. #1
    Larry-G's Avatar
    Title
    V.I.P
    Donated Member
    Join Date
    May 2010
    Posts
    32,542
    Thanks
    7,824
    Thanked 22,934 Times in 12,378 Posts

    Time for James Murdoch to abdicate?

    UK broadcasting regulator Ofcom is ramping up its investigation into whether BSkyB is a “fit and proper person” to hold UK broadcasting licences. Ofcom says it set up a dedicated team in January (called Project Apple) to investigate material emerging from the Levenson inquiry into phone hacking and corruption at News International’s UK print titles.

    The Ofcom examination is looking specifically at James Murdoch’s role on the newspapers, as well as that of News Corporation generally. The Ofcom statement is blunt and to the point: “Ofcom has a duty under the UK Broadcasting Acts 1990 and 1996 to be satisfied that any person holding a broadcasting licence is, and remains, fit and proper to do so,” the regulator said. “New evidence is still emerging from hacking and corruption allegations. Ofcom is continuing to assess the evidence, including the new and emerging evidence, that may assist it in discharging its duties.”

    “Ofcom has written to, met and is in dialogue with the various authorities investigating the allegations. This includes the police, the relevant parliamentary committees and British MPs,” Ofcom said.
    It seems the BSkyB board was made aware of the investigation and considered its position back in January, and Jeremy Darroch (BSkyB’s CEO) also reviewed the position in advance of previous board meetings in September and December.

    The Financial Times, in its comment on March 9, suggested it was time for James Murdoch to make a swift “abdication” from his position as Chairman at BSkyB.

    While there is no suggestion that BSkyB has itself breached any rules (indeed, it is widely accepted that Sky has played a very fair and above-board games) the risks for BSkyB remain huge. If Ofcom finds against BSkyB because of James Murdoch’s involvement and supervision at News’ assorted newspapers, then News Corp could be forced to divest either part or all of its 39 per cent holdings.

    Unfortunately, there’s more. James Murdoch, so the rumour-mill suggests, has not impressed the all-party Culture, Media and Sport Select Committee of the UK parliament. He is due to appear again at the end of March. The BSkyB board might be best advised to ask James to step down pending an absolute clearing of the air. The risks from keeping him at Sky far outweigh the benefits.

    Code:
    http://advanced-television.com/index.php/2012/03/09/time-for-james-murdoch-to-abdicate/
    My posts contain my own personal thoughts and opinions, they do not represent those of any organisation or group but my own.

    If you don't like what I post, Don't read it.

    SIMPLES.

  2. The Following User Says Thank You to Larry-G For This Useful Post:

    Sicilian (11-03-12)

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
This website uses cookies
We use cookies to store session information to facilitate remembering your login information, to allow you to save website preferences, to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners.