News Corp. (NWS) is reportedly considering handing James Murdoch oversight of Fox Networks,...

|About: News Corporation (NWS)|By:, SA News Editor

News Corp. (NWS) is reportedly considering handing James Murdoch oversight of Fox Networks, which includes Fox broadcast network and cable networks, although not Fox News. The speculation comes after a U.K. regulator slammed Murdoch for his conduct in the phone-hacking scandal. "If his last name wasn't Murdoch he wouldn’t be considered for this position," says Needham analyst Laura Martin.