Rupert Murdoch may step down as chairman of BSkyB in favour of James

MUMBAI: The "Asian" star continues its ascent. Star chairman and CEO James Murdoch looks set to have another attachment to his title - chairman of British Sky Broadcasting Group (BSkyB).

News Corp head Rupert Murdoch is all set to relinquish his post as chairman of BSkyB to ease the way for son and now touted as heir-apparent James to take over smoothly as chief executive of the company, according to a report in the UK's Observer today.

Murdoch's 30-year-old son, thus far seen as the one who turned around Star's Asia fortunes, is being lined up to take over the reins at the pay TV company as a precursor to succeeding his father at the head of News Corp.

Media reports last week indicated that current BSkyB CEO Tony Ball was set to exit the company when his contract expires in May 2004. James was appointed to the BSkyB board in February this year and has been seen as a possible successor to Ball all along. James, who cut his teeth in the media business with Star, rose in the eyes of investors and media alike, when he helped turn the company's fortunes and took it to the top of the heap in the region in the process.

Murdoch Junior would probably be doffing more than just the symbolic cap to his team in India, which has more than anything else been responsible for catapulting News Corp's Asian operations into the safe orbit it finds itself in today.

Rupert Murdoch owns 35.4 per cent of the British pay-TV company. According to the Observer, senior executives from elsewhere within Murdoch's empire would be seconded to BSkyB to help James while he settled into the role of CEO.

While some reports have hinted at Ball's tempestous relationship with his employer leading to his imminent exit from the company, others have mentioned a desire on Ball's part to look for other options that triggered negotiations about his departure. BSkyB however, has not offered any official comment thus far.

If Ball's time as chief executive is over, it is unlikely to be the end of his association with Rupert Murdoch, who has employed him for 10 years, according to the UK's Guardian. His contract with BSkyB states that on termination of his employment he has the right to be employed by News Corp on terms "at least as beneficial to him as the terms of his employment package [with BSkyB]".

Latest Reads
Nitin Kukreja joins iQuest

Former Star India sports head Nitin Kukreja has joined iQuest Enterprises as its chief executive officer. Kukreja had left Star in March this year. IQuest is an enterprise of Nimmagadda Prasad, the former owner of the Maa TV group, who has multiple business interests ranging from infrastructure to...

Television TV Channels Sports
Sun TV's unassailable lead continues, while Zee TV leads Hindi across genre

BENGALURU: The Sun network's flagship Tamil general entertainment channel (GEC) Sun TV continued its lead in ratings across all GECs on Indian television for week 48 of 2017 (25 November to 1 December 2017) according to Broadcast Audience Research Council (BARC) weekly ratings data

Television TV Channels GECs
Republic TV, BTVI join hands for budget coverage

MUMBAI: Republic TV, spearheaded by Arnab Goswami, and Business Television India (BTVI) have entered into an alliance for content and programming around Union Budget 2018. The Republic TV- BTVI alliance promises to offer viewers a distinctive experience.

Television TV Channels News Broadcasting
Mairu Gupta and the art of building the NBA in India

MUMBAI: For basketball fans worldwide, the US National Basketball Association (NBA) represents the mecca of the sport. But in India, the NBA has had its task cut out, what with cricket presenting a near impenetrable line of defence.

Television TV Channels Sports
CNN-News18 'Indian of the year' 2017 special Telecast on 9 and 10 December

MUMBAI: The awards night of the annual and flagship initiative of CNN-News18, ‘Indian of the Year – 2017’ will be telecasted on the 9 and 10 of December at 9:30 PM on the channel. The initiative, whichrecognizes and awards the exceptional contribution and achievements of the iconic Indian citizens...

Television TV Channels News Broadcasting
Music channels bet on shows to boost viewership

MUMBAI: Seems like music channels are playing second fiddle to online music platforms when it comes to playing tracks. In an attempt to grab more eyeballs, pure-play music channels on television are moving away from the music content and focusing more on the youth-centric shows.

Television TV Channels Music and Youth
Zee TV leads Hindi GECs in week 48 of Barc ratings

MUMBAI: Zee TV emerged as the leader among Hindi general entertainment channels (urban + rural) dethroning Zee Anmol, according to Broadcast Audience Research Council’s (BARC) all-India data for week 48.

Television TV Channels GECs
Republic TV continues lead as genre ratings rise

BENGALURU:Two of weeks earlier, we had mentioned that the English News genre’s four week average ratings and weekly ratings have been falling since weeks 29 to 32 of 2017. The fall continued until week 47 of 2017 when the combined Broadcast Audience Research Council of India (BARC) weekly ratings...

Television TV Channels News Broadcasting
SPN India acquires TV, OTT rights for T10 Cricket League

MUMBAI: The newly introduced T10 Cricket league (TCL), which will be played at the UAE’s Sharjah Cricket Stadium, will be telecast live on Sony ESPN. The league is a four-day event running from the 14th to the 17th of December 2017.

Television TV Channels Sports

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories