The son of Rupert Murdoch again led the Sky in 4 years after retirement


Moscow. January 29. James Murdoch, the younger son of media Mogul Rupert Murdoch, will again become Chairman of the Board of Directors of British media companies Sky, said in a statement.

James Murdoch, resigned in the spring of 2012 on the background of the scandal connected with illegal listening of phones of famous people, in April, will replace on this post of Nicholas Ferguson, who presided over the Board of Directors all this time.

James Murdoch is CEO of News Corp., which owns a 39% stake in Sky.

In addition, on Friday Sky reported earnings for the six months to December 31, 2015. The company’s net profit fell almost three times, to 359 million pounds ($517 million) but adjusted operating profit increased by 125, to 747 million pounds. Revenues increased by 5% to 5,72 billion pounds, in line with market forecasts.

Sky shares on Friday, rising 1.1%.