Rupert Murdoch plans to install Times of London editor Robert Thomson as publisher of The Wall Street Journal early next year, according to The Guardian, which cites an unnamed “senior US media executive” in a story posted on its website this morning.
Thomson has edited The Times, which Murdoch also owns, for five years. Thomson is credited with doing a good job at the paper. The Times recently announced that it is set to move into profit next year for the first time in its modern history.
Before his appointment as Times editor in 2002, Thomson ran the Financial Times office in the U.S. for four years, increasing its circulation from 32,000 to more than 123,000.
The Guardian also reports that The Wall Street Journal Europe is likely to transfer from the Brussels headquarters, founded when the paper was established in 1983, to London in the next three years.
Murdoch has announced that he plans to add “major coverage of the arts, fashion and culture” in order to take on The New York Times and other mainstream papers.
When asked at a conference in San Francisco recently whether he was aiming to kill The New York Times
, Murdoch replied simply: “That would be nice.”