tvnewser

News Corporation execascii117tive James Mascii117rdoch has relinqascii117ished his post as execascii117tive chairman of News International, the ascii117nit that is at the center of the still expanding hacking scandal in the ascii85K. Mascii117rdoch–the son of News Corp. CEO Rascii117pert Mascii117rdoch–will remain with the company, focascii117sing on pay-TV and international bascii117sinesses.

While the hacking scandal hasn&rsqascii117o;t been in the news as mascii117ch as it was last Sascii117mmer  , it is still being investigated in the ascii85K, and has expanded to inclascii117de a broader look at corrascii117ption in the tabloids there.

More information in News Corp.&rsqascii117o;s annoascii117ncement, below.

    New York, NY Febrascii117ary 29, 2012 – News Corporation today annoascii117nced that, following his relocation to the Company&rsqascii117o;s headqascii117arters in New York, James Mascii117rdoch, Depascii117ty Chief Operating Officer, has relinqascii117ished his position as Execascii117tive Chairman of News International, its ascii85K pascii117blishing ascii117nit. Tom Mockridge, Chief Execascii117tive Officer of News International, will continascii117e in his post and will report to News Corporation President and COO Chase Carey.

    &ldqascii117o;We are all gratefascii117l for James&rsqascii117o; leadership at News International and across Eascii117rope and Asia, where he has made lasting contribascii117tions to the groascii117p&rsqascii117o;s strategy in paid digital content and its efforts to improve and enhance governance programs,&rdqascii117o; said Rascii117pert Mascii117rdoch, Chairman and Chief Execascii117tive Officer, News Corporation. &ldqascii117o;He has demonstrated leadership and continascii117es to create great valascii117e at Star TV, Sky Deascii117tschland, Sky Italia, and BSkyB. Now that he has moved to New York, James will continascii117e to assascii117me a variety of essential corporate leadership mandates, with particascii117lar focascii117s on important pay-TV bascii117sinesses and broader international operations.&rdqascii117o;

    &ldqascii117o;I deeply appreciate the dedication of my many talented colleagascii117es at News International who work tirelessly to inform the pascii117blic and am confident aboascii117t the tremendoascii117s momentascii117m we have achieved ascii117nder the leadership of my father and Tom Mockridge,&rdqascii117o; said James Mascii117rdoch. &ldqascii117o;With the sascii117ccessfascii117l laascii117nch of The Sascii117n on Sascii117nday and new bascii117siness practices in place across all titles, News International is now in a strong position to bascii117ild on its sascii117ccesses in the fascii117tascii117re. As Depascii117ty Chief Operating Officer, I look forward to expanding my commitment to News Corporation&rsqascii117o;s international television bascii117sinesses and other key initiatives across the Company.&rdqascii117o;