11:12 ET<\/span>
\n<\/span><\/p>\nMedia giant News Corp has appointed James Murdoch to the newly-created post of deputy chief operating officer.<\/p>\n
Mr Murdoch is currently chief executive of the group’s international operations run out of London.<\/p>\n
He will move to New York and continue reporting to News Corp deputy chairman and chief operating officer Chase Carey.<\/p>\n
The move will heighten speculation that Mr Murdoch will eventually succeed his father, News Corp chief Rupert Murdoch.<\/p>\n
News Corp said James, 38, would also head the company’s international operations as chairman and chief executive of News Corp International.<\/p>\n
In a statement, Mr Carey said: “James has demonstrated in an array of roles that he is a shrewd and decisive operator who can deftly navigate complex issues to transform businesses.<\/p>\n
“He has equally shown a unique understanding of the emerging technologies and the digital forces that are reshaping our industry.<\/p>\n
“As we become increasingly global and consumer focused, we believe there are real opportunities to add new dimensions to our core businesses.”<\/p>\n
Last month, News Corp announced that it had agreed to buy Shine Group, a television production company owned by Rupert Murdoch’s daughter Elisabeth, for \u00a3415m ($672m). <\/p>\n
Ms Murdoch is expected to join the News Corp board.<\/p>\n<\/p><\/div>\n<\/p>\n
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