Rupert Murdoch’s media empire, News Corporation, announced on Wednesday that his son James had stepped down as executive chairman of News International, the British newspaper subsidiary that is embroiled in layers of overlapping police and judicial inquiries into phone hackingand illegal payments to the police.
A statement from News Corporation depicted the step as part of James Murdoch’s move to the company’s headquarters in New York, announced a year ago. But many media analysts said the move seemed to reflect the more recent travails of News International, whose newspapers include The Sun, The Times of London and The Sunday Times of London.
In July, Rupert and James Murdoch sat side by side at a British parliamentary inquiry as legislators demanded to know the full extent of a phone-hacking scandal at The News of the World, a weekly tabloid newspaper that News International shut down last year. The company had initially claimed the hacking was the work of a single rogue reporter.
But since then the scandal has spread and News International has begun paying settlement money to scores of celebrities whose voice-mail accounts were broken into.
The News Corporation statementon Wednesday said that Tom Mockridge, chief executive of News International, would continue in his r
ole and report to Chase Carey, president of News Corporation. Read more at the NYTimes...