James Murdoch’s decision reinforces his disengagement from the family media empire.
New York:
Former 21st Century Fox chief executive James Murdoch, the son of media mogul Rupert Murdoch, has resigned from News Corp’s board over clashes over editorial content, U.S. regulators have said.
The 47-year-old, once considered his father’s successor, has openly criticized some media coverage of the Empire News Corp media outlet in recent months.
According to a letter written by James Murdoch and released by the United States Securities and Exchange Commission (SEC) on Friday, his resignation was due to “disagreements over certain editorial content published by the company’s news outlets and certain other strategic decisions “.
News Corp owns the Wall Street Journal, New York Post, Times and Sun, among others, but not Rupert Murdoch’s Fox News network.
James Murdoch’s decision reinforces his disengagement from the family media empire, which emerged from an Australian press group.
In January, he denounced the climate change skepticism of some Murdoch media, citing coverage of the fires that have devastated much of Australia.
In a statement, widely reported by US media at the time, Murdoch and his wife spoke of their “frustration” with some of the coverage from News Corp and Fox, adding that they were “particularly disappointed with the refusal. persistent news outlets in Australia. given clear evidence to the contrary. “
Rupert Murdoch has said he does not employ climate change deniers and has previously described himself as a climate “skeptic”.
The pair have also diverged politically.
While Rupert Murdoch is a longtime supporter of Republican President Donald Trump, his son has reportedly donated hundreds of thousands of dollars to Democratic challenger Joe Biden’s 2020 campaign.
James Murdoch, who ran 21st Century Fox until his resignation last year when Disney acquired most of the group’s assets, has started his own private holding company called Lupa Systems, which took a stake in Vice Media.
“We are grateful to James for his many years of service to the company. We wish him the best in his future endeavors, ”Rupert Murdoch, executive chairman of News Corp and James’ brother Lachlan Murdoch, said in a statement.
(Except for the title, this story was not edited by GalacticGaming staff and is posted from a syndicated feed.)
