James Murdoch News

Global media magnate Rupert Murdoch's son James will return as chairman of British broadcaster Sky, the company said Friday, nearly four years after he was forced to leave over a phone hacking scandal.  

James Murdoch, who will take the helm of television company Twenty-First Century Fox next week, said there was little he and his father Rupert did not agree on with respect to the future of the family media empire.

Rupert Murdoch's 21st Century Fox said its board approved a shakeup that puts the 84-year-old tycoon's son James in the chief executive job effective July 1.

Those who know them say the Murdoch brothers could not be more different in style and approach to business, where James is seen to have a much harder edge.

Rupert Murdoch, the 84-year old media baron, will hand over the chief executive reins at entertainment conglomerate Twenty-First Century Fox Inc to his 42-year-old son James, a source familiar with the situation said on Thursday.