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James Murdoch to continue as BSkyB chairman

Sky's board says Rupert Murdoch's son will stay on as chair despite speculation after News Corp take

BSkyB's board has specified that James Murdoch will continue as the broadcaster's chairman, dismissing speculation that he would be replaced, the Telegraph has reported.

There were rumours that Sky's board of directors would replace Murdoch as chairman, in the light of his involvement with the broadcaster's suitor News Corp.

There has also been speculation in media circles that Sky is in favour of a deal with News Corp and its proximity with Rupert Murdoch's media group would affect the board's decision on the takeover price.

However, the board rejected the idea to ask Murdoch to stand down, as it seems unwilling to put News Corp's running of Sky at stake.

In order to allay fears, Sky has also listed biographies of its independent directors in a stock exchange announcement on Tuesday.

Sky's independent directors under the deputy chairmanship of Nicholas Ferguson, will meet with chief executive James Darroch and finance director Andrew Griffith, to deal with the offer.