Rupert Murdoch's News Corp. expressed gratitude over a British regulators’ finding that the company remains a "fit and proper" holder of a broadcast license, but it vigorously defended the mogul's youngest son's actions while running the British arm of the sprawling operation.
The media regulatory agency, known as Ofcom, on Thursday harshly criticized James Murdoch, the former head of the satellite television giant British Sky Broadcasting, for his weak response to the phone-hacking scandal that consumed the media conglomerate's London-based newspapers. Ofcom said the younger Murdoch "repeatedly fell short of the conduct to be expected of him as a chief executive officer and chairman" of News International, the British arm of his father’s giant News Corp.
"We are pleased that Ofcom recognizes BSkyB as a fit and proper holder of a broadcast license and remain proud of both News Corporation’s and James Murdoch’s distinguished record in facilitating the transformation of Sky into Britain’s leading pay television and home communications provider," News Corp. said in a statement.
"We are also pleased that Ofcom determined that the evidence related to phone hacking, concealment and corruption does not provide any basis to conclude that News Corporation and Rupert Murdoch acted in a way that was inappropriate, and that there is similarly no evidence that James Murdoch deliberately engaged in any wrongdoing," the statement continued.