(FILES) This file picture taken on July 13, 2011 show News International Chairman and Chief Executive and BSkyB Chairman James Murdoch arriving for work in east London. British pay-TV giant BSkyB said on July 29, 2011 that James Murdoch will remain chairman despite the phone-hacking row at main shareholder News Corp., as the broadcaster revealed a 23-percent jump in profits. The firm also announced a £750-million ($1.2-billion, 854-million-euro) share buyback and hiked its shareholder dividend to calm the waters after the scandal forced Rupert Murdoch's News Corp. this month to scrap a takeover bid for BSkyB.  AFP PHOTO / Warren Allott (Photo credit should read Warren Allott/AFP/Getty Images)
iWarren Allott, AFP / Getty Images

James Murdoch Resigns at News Corp. News Updates