James Murdoch, son of Rupert, has returned to Sky as Chairman. It comes four years after he resigned from the position amid the phone hacking scandal, which led to the closure of the Murdoch-owned newspaper News of the World. Since last July, James Murdoch also served as chief executive of 21st Century Fox, Sky's biggest shareholder. Andrea Catherwood is joined by Sarah Ellison of Vanity Fair, who has closely followed the Murdoch media dynasty, and also Ashley Hamilton Claxton, from Royal London Asset Management, a shareholder in Sky, who calls the reappointment 'inappropriate.'

Guardian News & Media, the publisher of the Guardian, is to cut running costs by 20% - a little over £50m - in a bid to break even within three years and support future growth. In the words of its Chief executive David Pemsel: 'We need to be an agile, lean and responsive organisation.' Ian Burrell, Assistant Editor & Media Editor of The Independent newspaper joins Andrea to discuss whether the Guardian's model of free content online, amid a climate of reduced print advertising revenues & the rise of ad-blocking, is a sustainable one.

Africa's internet penetration will reach 50 percent by 2025 and there are expected to be 360 million smartphones, according to data from McKinsey Consultants. Today, journalist Ismail Einashe is discussing what impact new media in Africa is having on journalism, at a talk for the Reuters Institute for the Study of Journalism. He joins Andrea after the talk. Also joining her is author Anjan Sundaram, whose new book "Bad News" examines press freedom in Rwanda. Together they discuss whether the growth of new media in Africa is a way to improve democracy, or whether it's a mechanism for greater state control?

Producer: Katy Takatsuki.