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James Murdoch Resigns as Chairman of BSkyB CNN

James Murdoch, the son of News Corp. boss Rupert Murdoch, has resigned as chairman of British satellite broadcaster BSkyB, CNN reports.

The move comes after James Murdoch has become increasingly mired in News Corp.’s U.K. phone-hacking scandal. CNN reports: “He has been hammered by accusations that News Corp.'s British Sunday tabloid the News of the World systematically eavesdropped illegally on crime victims, politicians, celebrities and veterans in search of stories.”

The paper was shut down last summer because of the scandal, but James Murdoch has denied knowledge of widespread phone hacking by the publication.

In his resignation, he said: "I am determined that the interests of BSkyB should not be undermined by matters outside the scope of this company."

The report adds: “He made clear he was trying to shield the satellite broadcaster from fallout from the newspaper scandal, saying: ‘I believe that my resignation will help to ensure that there is no false conflation with events at a separate organization.’"

He will remain as a non-executive director of BSkyB, the report notes.