Here comes the son: Sky's not the limit for James Murdoch

In a move that Brand Republic describes as “highly symbolic” James Murdoch is to return to Sky, the UK’s leading subscription broadcaster, as chairman. This is a remarkable personal rehabilitation. Murdoch the younger will, according to the BBC’s Kamal Ahmed, become one of the most powerful figures in European television – and, as Hazel Sheffield points out, the appointment will encourage speculation that Fox, where James Murdoch currently serves as CEO, may be looking to buy the rest of Sky – of which it presently has a controlling (minority) stake of 39%