Murdoch has the backing of key board members headed into a meeting later this week
Despite allegations that he lied to Parliament in testimony earlier this month, James Murdoch is expected to retain his post as chairman of British satellite company BSkyB, the Guardian reports.
Murdoch, who is the chairman and CEO of News Corp. Europe and Asia, has secured the backing of Nicholas Ferguson, Sky's deputy chairman, after a private meeting between the two.
Murdoch's position has become increasingly endangered ever since he was implicated in the phone-hacking scandal that is still dogging his father Rupert Murdoch's News Corp. empire. News Corp.'s effort to purchase the remaining 61 percent of BSkB, of which it already owns 39 percent, was sunk by the scandal earlier this month. James Murdoch was a big proponent of the deal.
It got worse for Murdoch when two of his former employees — Colin Myler, the last editor of the now-shuttered News of the World, and Tom Crone, a legal advisor to News International — accused him of misleading Parliament's Culture, Media and Sports Select Committee.
Yet it appears that between the support of Ferguson and his good relations with Jeremy Darrcoh, the chairman of BSkyB, will save him.