Publication Date:
Tue, 2011-07-19 09:24
The report said that a decision has not yet been made, and depends on Murdoch’s performance before the British Parliament on Tuesday.
Carey, a 23-year News Corp. veteran and long-time lieutenant of Rupert Murdoch, is favored by investors in the United States to take control of the business if Murdoch, 80, stands down.
Until a phone hacking scandal at News Corp’s UK papers started escalating over the past three weeks, James Murdoch, who is deputy chief operating officer, had been seen as his father’s successor.
News Corp. was not immediately available for comment.
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