James Murdoch Resigns From News Corp, Ending Role in Family Empire - News Summed Up

James Murdoch Resigns From News Corp, Ending Role in Family Empire


James Murdoch wants the world to know he is out of the family business. Once considered a potential successor to Rupert Murdoch, Mr. Murdoch on Friday resigned from the board of the newspaper publisher News Corp, severing his last corporate tie to his father’s global media empire. “My resignation is due to disagreements over certain editorial content published by the Company’s news outlets and certain other strategic decisions,” Mr. Murdoch, 47, wrote in his resignation letter, which News Corp disclosed in a filing shortly after the close of business on Friday. The two sides began discussing Mr. Murdoch’s departure from the News Corp board earlier this year, according to two people with knowledge of the matter. But his terse resignation note belied the behind-the-scenes drama that has brought Mr. Murdoch to this point in his life and career.


Source: New York Times July 31, 2020 21:47 UTC



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