James Murdoch steps down as News International head
News Corp moved to distance James Murdoch from its scandal-hit British newspapers, announcing he would step down as executive chairman of News International, its UK press business.
For the first time since Rupert Murdoch bought into the UK newspaper market in 1969 no member of his family will have any direct role in the management of News Corp’s UK press assets which include The Times, The Sunday Times and The Sun. Two senior British politicians linked the resignation of the media tycoon’s son to the bad publicity surrounding police and judicial inquiries into illegal journalistic techniques. Don Foster, a member of the UK’s governing coalition and spokesman for the Liberal Democrat party on media, said the younger Murdoch’s move “has all the appearances of being bundled in a car, away from the scene of the crime.” He said News Corp had to “make clear that his move to New York will not be a barrier to getting answers and his taking responsibility for what happened on his watch.” News Corp investors have already raised the prospect of selling or hiving off News International in conversations with Chase Carey, Murdoch’s number two, but analysts doubt this will have any demonstrable effect in insulating the group from the bad publicity.