Dramatic shake-up for Murdoch empire
Friday 07 December 2007
Rupert Murdoch carried out some dramatic shuffling of roles in his global media empire last night, moving his son James in position to succeed him and repositioning the editor of the Times and chairman of his UK newspaper titles to oversee his recent Wall Street Journal buy-out.
James Murdoch will leave his position as chief executive of BskyB to take up his new role overseeing the News Corp's media operations in Europe and Asia. However, he will take over his father's position as non-executive chairman of BskyB.
Rupert Murdoch has commended his son for the success of his position of chief executive, noting that he had boosted subscriber numbers and expanded into broadband to push the company's green credentials.