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LONDON — James Murdoch was appointed News Corp.'s chairman and chief executive for Europe and Asia, officials said Friday, suggesting that he would most likely succeed his father, Rupert Murdoch.
British Sky Broadcasting Group PLC announced that James Murdoch was moving on from his recent post as chief executive officer of the satellite broadcaster.
The move "clearly positions the 34-year-old as the most likely successor to his father, Rupert Murdoch, as chairman and chief executive of News Corp.," said The Times, one of News Corp.'s British newspapers.
BSkyB also announced that Rupert Murdoch, 76, was standing down as its chairman.
Friday's announcement followed a shake-up in News Corp.'s North American operations, with News Corp. veteran Les Hinton succeeding Richard Zannino as chief executive of Dow Jones & Co., publisher of The Wall Street Journal.
Robert Thomson, editor of The Times in London, was appointed publisher of The Wall Street Journal.
At BSkyB, James Murdoch's post as chief executive officer will be taken by Jeremy Darroch, previously the chief financial officer of the satellite broadcaster.
News Corp. holds a 39 percent stake in BSkyB.
News Corp.'s holdings also include the MySpace Web site, Star television in Asia and the U.S. Fox network.
James Murdoch, one of Rupert Murdoch's six children, became the youngest-ever chief executive of a Financial Times-Stock Exchange 100 company when he was appointed to head BSkyB four years ago.
A dropout from Harvard University, where he studied film and drew cartoons for the Lampoon, Murdoch ran a record label, Rawkus Records, before joining News Corp. in 1996.
He was appointed chairman and chief executive of Star TV in 2000.
© 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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 | Murdoch Taps Hinton As CEO of Dow Jones | Associated Press | Thu Dec 6 | 1 |
 | James Murdoch: Ready for the throne? | International Herald Tribune | Sat Dec 8 | 1 |
| Dow Jones in Final Days Before Murdoch | Associated Press | Sun Dec 9 | 0 |
| Shakeup at News Corp: Murdoch to name Les Hinton CEO of Dow Jones | CNN | Sat Dec 8 | 1 |
| BBC NEWS | Murdoch son gets key media role | BBC News | Fri Dec 7 | 1 |
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{"commentId":1249123,"authorDomain":"m-saunders"}
This is positive news for the Group-many other businesses rely on this major employer and with Sky's customer focus and retention figures a board change and restructure can only cement positive growth.
I look forward to the new forecasts and watch intently as the company dominates the market share.
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#1 - Fri Dec 7, 2007 3:37 AM EST{"commentId":1251209,"authorDomain":"seward"}
I'm not too sure if it's a good thing to have an over-dominant company like Sky. Soon, they will be telling us what we should watch, and, if it's anything like the majority of programmes I've seen on the Sky channels, then my television will be off for longer periods than it already is.
{"commentId":1251209,"threadId":"186061","contentId":"1147472","authorDomain":"seward"}
#2 - Fri Dec 7, 2007 6:52 PM EST{"canLink":false,"threadId":"186061","isPrivate":false}
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