LONDON (AP) ? Britain's communications regulator has found British Sky Broadcasting a "fit and proper" organization to hold a license despite criticism of the company's former chief executive and chairman, James Murdoch.
The announcement on Thursday was a response to the phone hacking scandal at a newspaper owned by Rupert Murdoch's News Corp., which effectively controls BSkyB through a 39 percent shareholding.
The agency, known as OFCOM, concluded that James Murdoch was not complicit in a cover up at the tabloid News of the World, but his failure to initiate appropriate action on a number of occasions was "difficult to comprehend and ill-judged."
Since February, James Murdoch has been a non-executive director of the company, and one of only four people on the 12-member board with connections to News Corp.
Source: http://news.yahoo.com/uk-regulator-finds-bskyb-fit-proper-071120732.html
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