Breaking News: James Murdoch Steps Down

by Nomad

According to the BBC, James Murdoch, son of Rupert Murdoch, has decided to step down from his position as executive chairman at News International the United Kingdom newspaper publishing division of News Corporation. 

News International publishes The Times, The Sun and The Sunday Times. News International has been the center of an ongoing scandal involving illegal phone-hacking and as a result, several top editors were arrested. Additionally the News of the World, once considered Murdoch's flagship, abruptly closed last year. 

James Murdoch, the son of media mogul Rupert Murdoch, will now be taking on a new role. Rupert Murdoch issued this statement: