Television

James Murdoch is BSkyB CEO

http://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/tv-images/2015/09/29/Untitled-1_48.jpg?itok=f5wHxRPK

LONDON: In the end, the plot went just about according to script for News Corp chairman Rupert Murdoch.



After over a month of speculation, Murdoch's youngest son James was yesterday appointed CEO of Britain's pay television giant British Sky Broadcasting Group (BSkyB) on "the unanimous recommendation" of a four-member nomination committee, a company statement said. And despite all the brouhaha around father and son holding the chairman's and CEO's post simultaneously, Murdoch Sr will continue in his present position on the BSkyB board.



James Murdoch, 30, who currently heads News Corp's Asian satellite network Star Group, officially takes charge today from Tony Ball, who stepped down in September. Ball also resigns as a director of the company with effect from today. Murdoch Jr will now now resign from the boards of News Corp. and its technology arm NDS Group immediately to clear the way for taking up the chief executive's post at BSkyB.



As there is no word to the contrary, Murdoch Jr will continue to hold on to his present position as chairman and CEO of Star. It however, looks likely that Star will sooner rather than later appoint a chief executive to run the company while Murdoch Jr retains the chairman's post.



Murdoch's appointment is due to be rubber-stamped next week at BSkyB's annual general meeting on 14 November.



Meanwhile, in a move to allay shareholder fears, Jacob Rothschild was appointed to a new role of non-executive deputy chairman. The satcaster has also appointed Royal Mail chairman Allan Leighton, who sits on the nominations committee, as chairman of the audit committee and said it would appoint a further additional independent non-executive director.



Rupert Murdoch last month publicly backed his son as the best candidate to take over from Ball. Murdoch was quoted yesterday in a company statement as saying: "The board and I are pleased that the nomination committee has completed its task and it is unanimous in its conviction that James is the right man for this job. He follows a series of successful chief executives Sam Chisholm, Mark Booth and Tony Ball. I feel confident that James will carry on their work and continue the company's success. It is a mark of BSkyB's stature that the board has been able to attract a man of Lord Rothschild's calibre and we are delighted that he has accepted the post of deputy chairman."



James Murdoch was quoted as saying: "It is a privilege to have the opportunity to play a part in the company's future. I particularly look forward to working with the people at Sky who have played such a key role in its success, and to working for all the shareholders to deliver even greater value."



But the BSkyB CEO tale is not expected to all go Murdoch Sr's way. One person who will almost certainly have to go is is Lord St John, the former Conservative minister who is up for re-election.



According to British newspaper The Independent , a powerful shareholder group, the National Association of Pension Funds (NAPF) is convinced that after 12 years on the Sky board, Lord St John cannot be considered independent. The newspaper quotes the NAPF as saying it "would have expected such a fundamentally important task (as filling the chief executive job) to be led by a director whose independence was not open to question."



A spokesman for the NAPF however, had only this to say last night: "It's an interesting development and we will have to look at the explanation and go back to our members to see what they have to say."



In its report on the company issued on Friday, the NAPF had also urged BSkyB to appoint new independent non-executive directors and recommended that shareholders also vote against the company's remuneration report at the 14 November AGM.

Latest Reads

http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/10/20/Amazon_NEW.jpg?itok=KI9MRqO5
Amazon most advertised brand in BARC week 41

The Broadcast Audience Research Council (BARC) India has released its data for last week’s top advertisers and brands between 6-12 October 2018. The data is a reflection of top 10 advertiser and brands across genre on Indian television (U+R) : 2+ Individuals.

Television TV Channels Viewership
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/10/20/Marathi_BARC.jpg?itok=DUC_6K8L
No changes in Bhojpuri, Kannada, Marathi segments in BARC week 41

In the Bengali space, Jalsha Movies and Colors Bangla swapped their third and fourth positions in BARC data week 41. No changes were observed in the Bhojpuri, Kannada and Marathi segments. Moreover, Gemini TV and Zee Telugu swapped their second and third positions in the Telugu sector. Flowers TV...

Television TV Channels Viewership
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/10/20/Anil%20Ambani.jpg?itok=4eNnBDRM
Anil Ambani’s Reliance sues NDTV for Rs 10,000 cr for Rafale coverage

NDTV has been sued for Rs 10,000 crore by Anil Ambani's Reliance Group in an Ahmedabad court for its reportage on the Rafale fighter jet deal. The lawsuit is filed against NDTV's weekly show, Truth vs Hype, which aired on 29 September.

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/10/20/Arnab-Goswami.jpg?itok=HTFNEsfj
Republic TV leads English news genre in BARC week 41

Republic TV continued to lead the English news genre as per All India BARC data week 41. No changes were noticed this week in the English business news genre. Aaj Tak maintained its lead across every Hindi news genre for yet another week. Hindi news urban genre remained unchanged. Zee News dropped...

Television TV Channels Viewership
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/10/20/BARC.jpg?itok=z6etjpSh
Star Utsav bags leadership in GEC (U+R) in BARC week 41

Star Utsav and Zee Anmol swapped their first and second positions in the Hindi (U+R) genre in Broadcast Audience Research Council (BARC) data for week 41 of 2018. Star Plus and Big Magic exchanged their eighth and ninth positions in the rural market. Star Bharat and Sony Sab swapped their fifth and...

Television TV Channels Viewership
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/10/19/f1.jpg?itok=bHf3HxgX
Sony Pictures Networks India (SPN) extends exclusive television and digital rights partnership with ABB FIA Formula E championship

Sony Pictures Network India (SPN) will continue to broadcast each round of the ABB FIA Formula E Championship for a further two seasons across the Indian sub-continent - including India, Pakistan, Sri Lanka and Bangladesh.

Television TV Channels Sports
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/10/19/james.jpg?itok=kJ15Bp4y
James Gough’s innovative idea will be incubated with the intent to prototype it at Formula 1®’s Media & Technology Centre

Formula 1® Managing Director of Motorsports, Ross Brawn, and Mercedes-AMG Petronas Motorsport Driver, Lewis Hamilton, today crowned James Gough the winner of this year’s USD $50,000 F1® Innovation Prize at the FORMULA 1 PIRELLI 2018 UNITED STATES GRAND PRIX in Austin.

Television TV Channels Sports
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/10/19/flix.jpg?itok=OGsLbI9R
FLIX FIRST SCREENING: &flix makes October spookier with the multi-city theatrical premiere of Goosebumps 2: Haunted Halloween

&flix, the all-new destination for the most-awaited Hollywood blockbusters, brings the much-anticipated sequel Goosebumps 2: Haunted Halloween on Thursday, October 25

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/10/19/ganga.jpg?itok=rFc6bFbm
BIG Ganga Goes All Out to Delight Its Audience This Festive Season, Launches Engrossing Range of Shows

With the festive season right around the corner, BIG Ganga, the number one Bhojpuri channel in the Hindi heartland

Television TV Channels GECs

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories