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James Murdoch retains place on BSkyB board

Published on Nov 1, 2012 8:21 PM

LONDON (REUTERS) - Mr James Murdoch's seat on the board of pay-TV group BSkyB was opposed by just 5 per cent of voting shareholders at the company's annual investor meeting in London on Thursday.

Mr Murdoch, who stepped down as chairman over a phone hacking scandal at News Corp's British newspapers arm, was present at the meeting. News Corp is a major investor in BSkyB.

Earlier on Thursday, BSkyB reported strong first-quarter earnings growth as price rises and the sale of additional products to subscribers helped reassure investors who had been fearing a slowdown.