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Rupert Murdoch

James Murdoch becomes chairman of Sky, renewing buyout talk

James Murdoch will become chairman of European broadcaster Sky, a move that will renew speculation that his family's media empire will try to take over the company, in which it already has a stake.

The 43-year-old is the second son of tycoon Rupert Murdoch, whose family assets include The Wall Street Journal, Fox News and the 20th Century Fox movie studios.

James Murdoch will succeed Nicholas Ferguson four years after resigning from what was then known as BSkyB amid the phone-hacking scandal.

"James' deep knowledge of the international media industry and his passion for supporting Sky's ongoing success will make an even greater contribution to our business in the...

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