James Murdoch to Step Down BSkyB Chairman, Sky News Reports

James Murdoch to Step Down BSkyB Chairman, Sky News Reports

Chris Ratcliffe/Bloomberg

News Corp.’s deputy chief operating officer James Murdoch's resignation as chairman of BSkyB, the company he once ran and built into one of News Corp.’s most profitable businesses, would be the biggest sacrifice he has made since the phone-hacking revelations damaged his career.