BSkyB gives £1bn back to shareholders
Satellite broadcaster BSkyB is giving £1bn back to shareholders angered by a fall in share prices during the row over a News Corporation bid.
But shares rose on Friday after the company announced a big rise in operating profits, and 426,000 new customers over the past year.
On Thursday BSkyB's board voted unanimously to keep James Murdoch as chairman, despite the phone-hacking scandal at News International, another News Corporation company.
Joe Lynam reports.
29 Jul 2011
- From the section Business