Statement from Rupert Murdoch, Chairman and CEO of News Corporation and Chase Carey, President and Chief Operating Officer, News Corporation Regarding James Murdoch’s Decision to Step Down as Chairman of BSkyB
NEW YORK--(BUSINESS WIRE)--“We are grateful for James Murdoch’s successful leadership of BSkyB. He has played a major role in propelling the company into the market-leading position it enjoys today – and in the process has been instrumental in creating substantial value for News Corporation shareholders. We look forward to BSkyB’s continued growth under the leadership of Nicholas Ferguson and Jeremy Darroch and to James’ continued substantial contributions at News Corporation.”
About News Corporation
News Corporation (NASDAQ: NWS, NWSA; ASX: NWS, NWSLV) had total assets as of December 31, 2011 of approximately US$60 billion and total annual revenues of approximately US$34 billion. News Corporation is a diversified global media company with operations in six industry segments: cable network programming; filmed entertainment; television; direct broadcast satellite television; publishing; and other. The activities of News Corporation are conducted principally in the United States, Continental Europe, the United Kingdom, Australia, Asia and Latin America.
For more information about News Corporation, please visit www.newscorp.com.
Julie Henderson, 212-852-7070
Jack Horner, 212-852-7952
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