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News Corp execs expect James Murdoch ouster

NEW YORK (Reuters) – News Corp’s senior management is starting to think about what the company might do if James Murdoch stepped aside, sources inside and close to the global media empire said. With Rupert Murdoch’s younger son under increasing pressure from the phone-hacking scandal enveloping the company, News Corp…

Top Hollywood editor for News of the World arrested in hacking probe

The News Corp. hacking scandals may have just come to U.S. shores. James Desborough, the former Los Angeles editor for News of the World who’d previously won awards for his show business coverage in London, has been arrested by authorities investigating allegations of criminal hacking and rampant corruption. Desborough is…

James Murdoch admits News Corp. paid off convicted criminal

The son of Rupert Murdoch has admitted in a letter to British lawmakers that he authorized large payments to a convicted criminal, seemingly in exchange for his silence about his company’s activities. Under questioning by members of Parliament last month, James Murdoch, CEO of News International, said he was not…

Reporter claimed News Corp. phone hacking was ‘widely discussed’ at meetings

A letter sent to top News Corporation officials in 2007 (PDF), published Tuesday by the British Parliament, accuses high ranking executives and other journalists at the now-defunct News of the World of actively discussing phone hacking efforts during editorial meetings, and calls into question the testimony of Rupert and James…

UK parliamentary body likely to recall James Murdoch

LONDON (Reuters) – A British parliamentary committee investigating phone hacking at a now defunct UK tabloid paper is very likely to recall News Corp executive James Murdoch in person after receiving further statements that cast doubt on his previous testimony. “When we have the further information that we are seeking,…

British comedian convicted of Murdoch pie assault

A British man was convicted Friday of assaulting Rupert Murdoch with a foam pie at a parliamentary hearing into phone-hacking, as MPs demanded the tycoon and his son clarify their evidence from the session. The James Murdoch-chaired British pay-TV giant BSkyB meanwhile tried to calm the waters by offering £1.0…

Biographer predicts News Corp. will oust Murdochs within 60 days

Rupert Murdoch’s biographer and Vanity Fair scribe Michael Wolff predicts that both Rupert Murdoch and his son James will be out of power at News Corp within sixty days, according to a Retuers report. Wolff says that the recent phone-hacking and police bribery scandals that have roiled the company put…

James Murdoch gets ‘unanimous support’ of BSkyB board

LONDON — The board of BSkyB gave chairman James Murdoch its “unanimous support” on Thursday, a source close to the British satellite broadcaster said, despite the furore over the phone-hacking scandal. The 38-year-old son and heir apparent of News Corporation boss Rupert Murdoch had faced calls from some shareholders to…

Saudi billionaire, News Corp. benefactor, rebuffs calls for restructuring

LONDON (Reuters) – News Corp’s major shareholder Prince Alwaleed bin Tala has rebuffed calls to change the company’s dual-class structure or leadership, the Financial Times reported in its Tuesday edition. “Investors went into News Corp knowing the class A and B share structure,” Alwaleed was quoted as saying in an…

Parliament unlikely to punish James Murdoch for lying

by Marian Wang It’s three against one for James Murdoch. That’s the latest tally of how many former News International executives have publicly accused the son of Rupert Murdoch of giving inaccurate testimony before Parliament last week.  The younger Murdoch says he stands by his testimony, but what if it turns…

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