Data provided by McGregor BFA
All data is delayed
Loading...
See More

Brooks resigns in wake of scandal

Jul 15 2011 11:15 Reuters

Related Articles

Murdochs refuse to go before UK parliament

Murdoch fights to save paper business

News Corp backs down from BSkyB bid

Scandal weighs on Murdoch stocks

FBI probes News Corp

UK parties to unite against News Corp bid

 
London - Rebekah Brooks, Rupert Murdoch’s most senior newspaper executive in Britain and close confidante, quit News Corp on Friday over a phone-hacking scandal that has rocked his global media empire.

Murdoch’s company had repeatedly backed Brooks to remain as chief executive of the company’s British newspaper arm despite her being editor of the tabloid at the heart of the scandal when some of the gravest offences were alleged to have occurred.

However her position became untenable after the company shut the News of the World tabloid, with many of the journalists saying they were losing their jobs just to protect hers. Politicians across the spectrum had also said she should go.

“My desire to remain on the bridge has made me a focal point of the debate. This is now detracting attention from all our honest endeavours to fix the problems of the past,” she wrote in a message to staff.

“Therefore I have given Rupert and James Murdoch my resignation. While it has been a subject of discussion, this time my resignation has been accepted.”

She will be replaced by Sky Italia chief executive Tony Mockridge, News Corp said.

Brooks and Rupert and James Murdoch are due to appear before a powerful parliamentary committee next Tuesday to answer questions on the alleged criminality at the paper.

Brooks said the move would give her freedom and time to give her full cooperation to current and future inquiries, police investigations and the appearance before the parliamentary committee for culture, media and sport.

Analysts have pointed out that were Brooks to go, the focus of attention could turn to James, son of Rupert and heir apparent of News Corp, over his handling of the scandal.

Prime minister David Cameron, a close friend of Brooks, had earlier said he would have accepted her resignation if she had offered it.


bskyb  |  news of the world  |  news corp  |  rebekah brooks
NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're Talking About: Small Business

Standard Bank is looking for 12 entrepreneurs to participate in a 10-part TV series. They could win a R1m investment into their dream.
 
 

ANCYL: Not voting would be blasphemy

Not voting in the forthcoming elections would be blasphemy, the ANCYL says in a statement commemorating the 50th anniversary of struggle icon Nelson Mandela's Rivonia trial speech.

 
 

Latest elections multimedia

Why Jack Parow wants you to vote on 7 May
The ad the SABC doesn't want to air
Elections 2014 in one cartoon
This year's election posters

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...