Murdoch Son Lands on Vice Media Board

By
Photo: Antonio Heredia/Bloomberg via Getty Images

James Murdoch, the rap record label owner turned loyal lieutenant for father Rupert, is now sitting on the board of directors for cool-kid mega-brand Vice. Once considered the likely successor to the family business, James was forced to take a step back amid the News Corp. phone-hacking scandal, but faced minimal consequences compared to those actually on trial. Murdoch now works as the deputy COO of 21st Century Fox, among various other boardroom roles. Rounding out his quiet comeback, the gig with Vice, still a private company with majority control of the board, comes after the elder Murdoch bought a 5 percent stake in the company via 21st Century Fox for $70 million, putting Vice's worth around $1.4 billion. That's a lot of drug-addled international adventures.