James Murdoch

He's Number 3! James Murdoch Moving On Up at News Corp.

The News Corp. shakeup continues.

New York Times new boy Tim Arango reports that James Murdoch, Rupert's younger son, will step down as the head of British Sky Broadcasting in order to take on a newly created position which makes him the number 3 executive in News Corp., behind his father and New Corp. president Peter Chernin.

The Times confirms that the timing of the move is related to News Corp.'s acquisition of Dow Jones, which goes into effect next week.

Murdoch: 'Nobody at Sky Listens to Me'

Just because you own the largest media company in the world, that doesn't mean it's easy to get your kids to do what you say.

In remarks made last year to a (U.K.) House of Lords committee and published on Friday, Rupert Murdoch lamented that he'd like Sky News to be more like Fox News, as least in terms of what he called "presentational progress."  But that hasn't happened, he said, because "Nobody at Sky listens to me."

Sky is run by Mr. Murdoch's younger son, James.  read more »