BSkyB says confidence in independent future

LONDON (Reuters)-the pay-TV operator BSkyB said it remained convinced of their own future as an independent company after majority shareholder News Corp dropped its bid for 61% of the companies it does not already own.

"We deliver on our clear and consistent strategy and is building a larger and more profitable business in the long term," said Chief Executive Jeremy Darroch, in a statement. "We are still a lot of confidence in broad growth opportunity for the BSkyB. "

News Corp said Wednesday it had withdrawn its bid, which more than a year ago, due to the furor surrounding the company over a telephone hacking scandal at one of their newspapers.

(Created by Kate Holton)