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MURDOCH SON IN POWER RISE

December 7th 2007 02:55
MUSICAL CHAIRS AT MURDOCH’S NEW CORP IN PREPAREDNESS FOR NEXT WEEK’S DOW JONES TAKEOVER
Furniture at the Murdoch empire is rapidly being re-arranged as News Corp’s official take-over of Dow Jones draws close.
This afternoon, News Corp’s Australian business, News Ltd, announced in the online site of its flagship national newspaper, The Australian, that James Murdoch, chief executive of News Corps UK satellite pay-TV business BSkyB, will take control of the parent group's European and Asian operations as part of a major management shake-up.
Rupert Murdoch's second eldest son oversee the group's print, broadcasting and online businesses across the two continent, while at BskyB itself, he will assume the role of executive chairman from his famous father.

The Wall Street Journal also reports that, Les Hinton executive chairman of News Corp's UK group News International, will become chief executive of Dow Jones, and the editor of The Times in Britain, Robert Thomson, will become publisher of the paper.

- From Peter Olszewski's MediaBlab via Dow Jones' Factiva; very shortly to be Nesw Corp's Dow Jones' Factiva
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