Recent news suggests the Murdoch hierarchy may finally be coming to an end. As we have witnessed over the years, Rupert Murdoch’s media conglomerates have taken a big toll after the allegations that one of the worlds largest media outlets was hacking into celebrity’s, royal’s and public figure’s private cell phone accounts to publicize personal information. After years of investigations and resignations, James Murdoch, son of Rupert Murdoch, has stepped down from his position as executive chairman of News International, the British arm of News Corp. Though Rupert Murdoch made a statement that his son will continue to work with a variety of “essential corporate leadership mandates,” I have to think otherwise.
James Murdoch is the last Murdoch to run the Murdoch media world, however; with the allegations and pressure he has received about knowing of the several scandals, he may have no choice but to eventually resign, as did his father. I’m glad to see that the media is not able to get away with anything, because at times, I have my doubts. It brings on a slight aspect of comfort that there are boundaries and when those boundaries are crossed, there are consequences, even for the most powerful people. I will be curious though to see how the transferring of James Murdoch has an effect on this large corporation.
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