The New York-based media-entertainment giant said James Murdoch was stepping down from News International following his relocation to company headquarters in New York as deputy chief operating officer. James Murdoch said that 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.
News Corp said on Wednesday that James Murdoch has stepped down as executive chairman of News International, the Rupert Murdoch-owned company's troubled British publishing unit.
News International has been embroiled in a phone-hacking scandal which has seen the arrests of several former top editors and the abrupt closure last year of the News of the World.
Sources:
The Times of India
The Times of India
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