JAMES MURDOCK RESIGNS FROM BSKYB

James Murdoch confirms departure from BSkyB
Reuters – 13 minutes ago

LONDON (Reuters) - James Murdoch said on Tuesday he would step down as chairman at BSkyB, in a bid to protect the successful pay-TV group from being damaged by the phone hacking scandal that has hit part-owner News Corp.

"I am aware that my role as chairman could become a lightning rod for BSkyB and I believe that my resignation will help to ensure that there is no false conflation with events at a separate organisation," he said, confirming the news previously reported by BSkyB's news channel.

Murdoch is deputy chief operating officer at News Corp and was in charge of the British newspaper arm in the aftermath of the hacking scandal.

Think that was inevitable, LL? And it won't make much difference to his lifestyle or anything, it's not like the staff of NOTW losing their jobs almost overnight.