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SHAKE-UP James Murdoch May Be Out: Sources Chris Ratcliffe, Bloomberg /Getty Images

James Murdoch May Be Out: Sources

Will the next person to leave News Corp. be Rupert Murdoch’s son James? Sources inside the media giant tell Reuters the once unthinkable is certainly possible now, and executives are preparing what they will do if Murdoch’s heir apparent needs to “take a breather.” “The company is still trying to operate as if James isn’t going anywhere,” one high-ranking insider said. “But everyone is thinking about what will happen if he has to step aside.” News Corp. insisted in a statement that James, the deputy chief operating officer, is not going anywhere, and plans are still in place for him to relocate to New York early next year. James Murdoch testified before Parliament in July, and parts of his testimony have been questioned.

August 18, 2011 5:35 PM