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James Murdoch quits as BSkyB chairman

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LONDON (Reuters) – James Murdoch resigned as chairman of BSkyB on Tuesday to prevent his links to a tabloid phone-hacking scandal from undermining the pay TV group, which has so far escaped the worst of the damage convulsing its controlling shareholder News Corp. In a bitter blow to Murdoch, until last year seen as heir apparent to his father Rupert’s media empire, James said he would step down from the British pay-TV company where he made his name as a talented executive in his own right. . . .

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