Rupert Murdoch’s son: Resigns one thing; stays on at company; moves to New York!

Lucky us! [sarcasm]

(excerpt from) The Seattle PI
James Murdoch resigns as News Intl executive chair
Cassandra Vinograd, AP / Feb 29, 2012
LONDON (AP) — James Murdoch, the executive at the epicenter of the phone hacking scandal at his father’s British newspapers, is stepping down as executive chairman of News Corp.’s U.K. newspaper arm, the company announced Wednesday.

News Corp. said James, the youngest son of 80-year-old media mogul Rupert Murdoch, has relinquished his position at News International to concentrate his efforts on television. He will still remain deputy chief operating officer of News Corp., he said…

[Rupert Murdoch says…] “Now that he [James Murdoch] has moved to New York, James will continue to assume a variety of essential corporate leadership mandates, with particular focus on important pay-TV businesses and broader international operations,” he said…

 

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