The results on Tuesday come after Murdoch, the former boss of the NotW, quit his non-executive role at drugs giant GlaxoSmithKline on Friday to focus on Sky and his senior roles within father Rupert Murdoch’s News Corporation.
Murdoch junior suffered a revolt at Sky’s AGM in November when more than 40 per cent of shareholders – excluding the 39 per cent stake held by News Corp – failed to back his re‑election as chairman.
However, one analyst said: “The caravan has moved on and it will be more about the BSkyB fundamentals this week. I suspect there will be little read-across from the phone hacking. The bid by News Corp is also dead, and Sky will want to draw a line under a difficult period.
Phone hacking scandal: £1bn wiped off BSkyB shares as Ofcom continues to 'monitor situation closely
More than £1bn was wiped off the value of British Sky Broadcasting on Friday as Ofcom signalled it would monitor News Corp's proposed bid very closely and Prime Minister David Cameron said there would be delays on any decision. Read More...
BSkyB shares plunge by nearly 8pc on Ofcom move over phone hacking
Shares in BSkyB plunged by nearly 8pc after Britain’s media watchdog broadened its inquiries into the phone-hacking scandal engulfing parent company News Corporation. Read More...
News Corp's BSkyB bid referred to regulator
The Culture Secretary, Jeremy Hunt, has referred News Corporation's bid for BSkyB to the Competition Commission. The move follows News Corp's withdrawal of its proposed undertaking to spin off Sky News as part of its attempt to take over the broadcaster. Read More...
Fallout from phone hacking scandal hits BSkyB shares and dogs News Corp bid for the broadcaster
Decision time: Uproar over phone hacking has put Culture Secretary Jeremy Hunt's pending ruling on the BSkyB bid under harsh scrutiny BSkyB shares have fallen 2% today as the phone hacking scandal enveloping its would-be bidder News Corporation casts uncertainty over any potential deal. Read More...
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