Son rises in Murdoch empire
Media mogul: Rupert Murdoch Picture:AFP
Saturday, December 8, 2007
JAMES Murdoch was named chairman and chief executive of News Corporation in Europe and Asia yesterday in a move seen as putting him in line to succeed father Rupert Murdoch as head of the media empire.
The news heralds a remarkable rise through the boardroom ranks for James Murdoch, the youngest of four children and the only family heir inside News Corp, the US conglomerate chaired by his Australian-born media mogul father.
The younger Murdoch, who assumes his London-based post with immediate effect, is in charge of assets including News International UK, Sky Italia, the Asian-based Star TV and News Corporation Europe, the group said in a statement.
In his new post, Murdoch will be responsible for development at the Wall Street Journal Europe, the British newspapers The Times and The Sun as well as Australian publications controlled by News Corp.
The 34-year-old leaves his post as chief executive of British satellite television broadcaster BSkyB, in which News Corp is the leading shareholder, but will assume his father's role as BSkyB non-executive chairman. He has been boss at BSkyB since 2003.
He is also rejoining the board of directors at News Corp, on which he had served from 2000 to 2003.
AFP
The news heralds a remarkable rise through the boardroom ranks for James Murdoch, the youngest of four children and the only family heir inside News Corp, the US conglomerate chaired by his Australian-born media mogul father.
The younger Murdoch, who assumes his London-based post with immediate effect, is in charge of assets including News International UK, Sky Italia, the Asian-based Star TV and News Corporation Europe, the group said in a statement.
In his new post, Murdoch will be responsible for development at the Wall Street Journal Europe, the British newspapers The Times and The Sun as well as Australian publications controlled by News Corp.
The 34-year-old leaves his post as chief executive of British satellite television broadcaster BSkyB, in which News Corp is the leading shareholder, but will assume his father's role as BSkyB non-executive chairman. He has been boss at BSkyB since 2003.
He is also rejoining the board of directors at News Corp, on which he had served from 2000 to 2003.
AFP
Business Besides Oil
