James Murdoch quits UK newspapers

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29 February 2012 Last updated at 09:39 ET

James Murdoch remains in his job at parent company News Corporation

James Murdoch has stepped down as executive chairman of News International, the UK newspaper business that owns the Sun and the Times titles.

The newspaper publisher has been tainted by phone-hacking allegations.

The scandal led the company to close its former News of the World title in July last year.

Mr Murdoch will remain as deputy chief operating officer of parent group News Corporation.

He said: "I deeply appreciate the dedication of my many talented colleagues at News International who work tirelessly to inform the public."

Mr Murdoch, 39, added that the launch of a new Sunday edition of the Sun and "new business practices" put the company in a "strong position" for the future.

James' father Rupert Murdoch, chairman and chief executive at News Corporation, said: "We are all grateful for James' leadership at News International and across Europe and Asia, where he has made lasting contributions to the group's strategy in paid digital content and its efforts to improve and enhance governance programs."

Rupert Murdoch added that James would now "continue to assume a variety of essential corporate leadership mandates, with particular focus on pay-TV businesses and broader international operations".

29 Feb, 2012

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Source: http://www.bbc.co.uk/go/rss/int/news/-/news/business-17209375
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