Brooks is now expected to begin a new role at News Corp owned media agency 'Storyful' that will focus on new avenues for digital and social media, according to media reports here.
The new role is likely to be based in the UK but involve frequent trips to Dublin in Ireland, where 'Storyful' is based.
Brooks had stepped down in the wake of the phone hacking scandal that led to the closure of UK-based tabloid 'News of the World'.
The revelations that journalists at the 'News of the World' hacked phones led to wide-ranging investigations and the conviction of another former editor Andy Coulson.
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'Storyful' is an Irish social media news agency bought by New Corp in 2013 for 15 million pound.
It is currently being headed by Indian-origin chief executive Rahul Chopra, who joined 'Storyful' from News Corp as part of the takeover deal.
News Corp has not officially commented on the impending appointment of Brooks to the team.