James Murdoch must have felt as if he'd stumbled onto the set of Fox TV's Celebrity Boxing. Just days after being named chief executive of BSkyB by his father, News Corp. chairman Rupert Murdoch, James took a solid beating from the broadcaster's shareholders. Accusing the Murdochs of nepotism, they tried to block the 30-year-old Harvard dropout from the board. One lambasted the family for "arrogance and indifference" that "is completely appalling."
James sat quietly, knowing that his father, who controls not only BSkyB but also the 20th Century Fox movie studio, Fox television networks and newspapers around the world, would quash...
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