BSkyB spends $1.6 billion to calm hacked off investors

Last Updated: Friday, July 29, 2011, 12:49

BSkyB will spend 1 billion pounds (USD 1.6 billion) to placate investors who lost out after News Corp bowed to public fury over a hacking scandal and dropped a bid to take full control of the satellite broadcaster.

James Murdoch confirmed as BSkyB chairman

Last Updated: Friday, July 29, 2011, 00:30

James Murdoch was unanimously confirmed as chairman by BSkyB's board, winning a reprieve from a phone-hacking scandal that threatens to draw him into multiple investigations, two sources briefed on the board meeting said.

BSkyB board faces decisions on chairman, dividend

Last Updated: Wednesday, July 27, 2011, 23:40

It`s the first board meeting since Rupert Murdoch`s News Corp abandoned a takeover bid for BSkyB.

Murdoch, savaged in parliament, pulls British TV bid

Last Updated: Thursday, July 14, 2011, 08:38

Rupert Murdoch withdrew his bid for broadcaster BSkyB on Wednesday, as outrage over alleged crimes at his newspapers galvanized a rare united front in parliament against a man long used to being courted by Britain's political elite.

News Corp withdraws bid for BSkyB

Last Updated: Wednesday, July 13, 2011, 19:36

Rupert Murdoch withdrew his bid for British broadcaster BSkyB on Wednesday in the face of cross-party hostility in parliament following allegations of widespread criminality at one of his tabloid newspapers.

Murdoch to be urged to drop BSkyB bid

Last Updated: Wednesday, July 13, 2011, 09:50

The British government endorsed a move in parliament to block Rupert Murdoch's bid for broadcaster BSkyB on Tuesday, casting more doubt on his hopes to expand in television despite a widening scandal over phone-hacking by one of his newspapers.

Phone hacking: Murdoch summoned by UK MPs

Last Updated: Wednesday, July 13, 2011, 09:33

British Parliament will back a motion urging Rupert Murdoch to drop plans to buy BSkyB.

UK pol rivals join forces against Murdoch`s bid

Last Updated: Wednesday, July 13, 2011, 00:11

David Cameron`s govt has signalled its willingness to support the Labour party`s motion, asking Murdoch to withdraw his takeover bid of BSkyB.

British government moves to halt Murdoch Sky bid

Last Updated: Tuesday, July 12, 2011, 23:44

The British government joined efforts to block Rupert Murdoch's bid for broadcaster BSkyB on Tuesday, dashing his hopes of a rapid expansion in television as the scandal over phone-hacking by one of his newspapers widened.