Business

James Murdoch quits NI

JAMES Murdoch severed ties with his father's stable of British newspapers yesterday as he resigned from News International following fresh revelations of a corporate cover-up of the companyis involvement in phone hacking and bribery of public officials.

Mr Murdoch gave up his position as executive chairman of NI only two days after a senior police officer gave evidence that the news organisation presided over a 'culture of illegal payments' at The Sun.

The Leveson Inquiry into media standards also heard on Monday that NI's chief executive, Rebekah Brooks, was being privately briefed by Scotland Yard on its original phone-hacking inquiry into NI when she was editor of The Sun in 2006.

Ms Brooks, James Murdoch's immediate deputy before her resignation last summer, has been arrested and questioned by detectives working on the inquiries into hacking and bribery.

Yesterday's resignation means that James Murdoch no longer has a responsibility for the company amid growing expectation of an investigation by American authorities into the illicit practices of News Corp's British subsidiary.

James Murdoch, who remains as News Corp's deputy chief operating officer, will continue to have responsibility for international businesses including Star TV, Sky Deutschland, Sky Italia and BSkyB.

Rupert Murdoch said of his son in a statement: "We are all grateful for James's leadership at News International and across Europe and Asia, where he has made lasting contributions to the group's strategy in paid digital content and its efforts to improve and enhance governance programmes."

James Murdoch has had limited involvement in NI, which also publishes The Times and The Sunday Times, since he was promoted to a New York-based role in March last year.

One well-placed source compared that move to 'an SAS operation to remove a hostage from a vulnerable situation'.

Since then, James Murdoch was recalled to give evidence last July before a parliamentary committee on phone hacking, when he told MPs there were 'no immediate plans' to create a Sunday edition of The Sun in place of the News of the World.

When Rupert Murdoch flew to Britain to oversee last Sunday's launch of a new edition of The Sun, he pointedly left James behind and took his elder son, Lachlan, on a morale-boosting tour of the paper's newsroom.

In his own statement yesterday, James Murdoch linked the birth of the new paper to his departure.

"With the successful launch of The Sun on Sunday and new business practices in place across all titles, News International is now in a strong position to build on its successes in the future," he said.

Since reopening its investigation into NI, Scotland Yard has arrested two dozen former and current members of NI staff.

Deputy Assistant Commissioner Sue Akers told the Leveson Inquiry on Monday that the company financed a 'network of corrupted officials'.

One former NI executive said last night: "The real story here is the cover-up and conspiracy that News International could be culpable of."

The resignation of James Murdoch does not mean he will avoid Britain in future.

As chairman of BSkyB he will attend board meetings of the satellite broadcaster and he retains an office at its headquarters in Isleworth, west London.

The media analyst Douglas McCabe, of Enders Analysis, highlighted Mr Murdochis talents as a television executive and said he would be 'relieved' to concentrate on what he does best.

"It is about distancing him from News International and from problems at The Sun but he maintains his wider roles," he said.

"Within the broader context you have to remember that newspapers are a relatively small part of revenue and profits within News Corp as a whole."

Since succeeding Ms Brooks as chief executive of NI last summer, Tom Mockridge, a News Corp veteran, has tried to cleanse the company's reputation at its headquarters in Wapping, east London.

Topics:  james murdoch rupert murdoch



Anzac Day 2017: Stories come to life on the Tweed

Herbert McDougall with his father and uncles' collection of photos and service records on display at RSL Care Darlington, Banora Point.

"I never thought to ask if it was the same story my father told me”

Anzac Day 2017: Tiger spirit still roars for veteran

World War Two veteran Hilary Schmidt proudly sits below the Australian flag while displaying her medals at RSL Care Darlington, Banora Point.

"I did six weeks, then I was sent to anti-aircraft at Eagle Farm”

Back to school plans change after floods

Crabbes Creek Primary students and their teacher Jack Russell will be starting term two at Burringbar Public School after recent flood damage.

Condong and Crabbes Creek public schools are changing campuses.

Local Partners

Billionaire Elon Musk and Amber Heard hit Shingle Inn

Actor Amber Heard and billionaire boyfriend Elon Musk have begun enjoying Queensland.

New Netflix doco on JonBenet Ramsay's death makes huge claim

A new documentary will air claims that child beauty queen JonBenet Ramsay was murdered by a paedo sex ring.

New claims that JonBenet Ramsay was killed by a paedophile sex ring

Movie review: Guardians Of the Galaxy Vol. 2 delivers on all fronts

Star-Lord/Peter Quill (Chris Pratt) and Drax (Dave Bautista) in Guardians Of The Galaxy Vol. 2.

Does Guardians Vol. 2 live up to high expectations set by original?

Sir Elton John hospitalised with rare infection

CROCODILE ROCKER: Sir Elton John will head to Mackay in September for the first stop of his Australian tour.

Elton John cancels shows after becoming violently ill.

Sunshine Coast singers out to turn chairs on The Voice

NEXT BIG THING? Tune in to see Glasshouse Mountains folk artist Benjamin James Caldwell on The Voice.

Do our Coast folk singers have what it takes to turn judges' chairs?

Former Glee star Lea Michele posts nude selfie to Instagram

Former Glee star Lea Michele has posted a very revealing snapshot

Gold Logie winner defends Molly Meldrum's Logies hijack

Samuel Johnson has defended Molly Meldrum after Logies speech

Lisa Curry and fiance sell up Sunshine Coast property

I'm a Celebrity, Get me Out of Here! contestant Lisa Curry with partner Mark Tabone after being evicted from the South African jungle. Picture: Dylan Robinson ***EMBARGOED 7:30pm March 9th***

Plans for dream home on hold at Mount Mellum place on market

SOLD: Iconic M'boro pub set to be transformed

Shane Muller from Maryborough Motorcycles will be opening up a showroom and café at the Shamrock Hotel.

The Shamrock Hotel is set to be transformed in the next two months.

Council urged to consult more on Kingscliff plan

Cr Ron Cooper is determined to have a three-storey height limit in Kingscliff.

Council nails down the draft Kingscliff plan.

Coast developer looks to prime real estate's future

MANY OPTIONS: Sunshine Coast developer Graeme Juniper is considering what to do with a prime piece of real estate he owns on Radical Bay on Magnetic Island, near Townsville.

Radical Bay is World Environment Heritage-listed.

This small box of a unit just sold for $1 million

Elizabeth Bay unit has charming views to Sydney Heads.

If this doesn't scream 'housing bubble', nothing does.

Ready to SELL your property?

Post Your Ad Here!