Rebekah Brooks will return to News Corp as chief executive of its UK division a year after she was cleared in the phone hacking trial, it has been reported.
The Financial Times claims that Mrs Brooks is set to return to the senior job, and the announcement could be made as soon as early September.
Mrs Brooks, who edited The Sun and The News of the World in a long career at the organisation, quit the job four years ago at the height of the hacking scandal.
She was cleared of all charges following a 138-day trial, and speculation has grown in recent months that she will be making a return to the firm.
A spokeswoman for News Corp said: "As we have said before, we have been having discussions with Rebekah Brooks and when we have any announcements to make we will let you know."
The report comes as it was revealed the Crown Prosecution Service (CPS) is considering a file for possible corporate prosecution charges over phone hacking at the now defunct News of the World.
News UK, which was formally known as News International, was the owner of the News of the World which closed in 2011 because of the hacking scandal.
The CPS said: "We have received a full file of evidence for consideration of corporate liability charges relating to the Operation Weeting phone hacking investigation."
The Metropolitan Police said: "On the 23 July, following the investigation into phone hacking at the News of the World, detectives from Operation Weeting submitted a file to the CPS for their consideration."
The campaign group, Hacked Off, which represents victims of phone hacking, said it would be wrong to bring Mrs Brooks back.
Evan Harris, joint executive director of Hacked Off, said: "This is a major misjudgement of the public's mood by a company still ethically out of control."
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