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7 December 2007 By Una Galani Follow @ugalani

The BSkyB CEO isn t just stepping up to replace his father, Rupert, as the group s nonexecutive chairman. He will also run News Corp s international ops, making him heir apparent to the global media empire. After a rocky start at Sky, the younger Murdoch has proved his worth.

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James Murdoch, BSkyB chief executive, is standing down to lead News Corporation's Asian and European operations. The move appears to make him the global media empire's heir apparent.

Murdoch, 34, will become chairman and chief executive of Europe and Asia at News Corp, taking charge of assets including News International, which owns a number of UK newspapers including the Times and the Sun, as well as Star TV in Asia and Sky Italia.

He will remain at BSkyB in the role of nonexecutive chairman, replacing his father Rupert, and will be replaced as chief executive by the group's chief financial officer Jeremy Darroch. The move will be effective immediately.

News International executive chairman Les Hinton, 63, will become chief executive of Dow Jones. Times of London editor Robert Thomson will become publisher of the Wall Street Journal, replacing Gordon Crovitz. James Harding has been appointed editor of the Times. News Corp's acquisition of Dow Jones is due to be completed next week.

Context News

James Murdoch, BSkyB chief executive, is standing down to lead News Corporation's Asian and European operations. The move appears to make him the global media empire's heir apparent.

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