James Murdoch quits News Corp board over editorial content
August 1, 2020
James Murdoch, son of media tycoon Rupert Murdoch, has resigned from the board of news publisher News Corp citing disagreements over the editorial content of its newspapers, which includes the Wall Street Journal, and the New York Post among others.
"My resignation is due to disagreements over certain editorial content published by the company’s news outlets and certain other strategic decisions," Murdoch said in a letter sent to the board on Friday.
James' more conservative brother Lachlan Murdoch is the heir apparent to Rupert Murdoch and is co-chairman of News Corp, which the family controls through 39% of the voting shares. Lachlan is also the executive chairman and CEO of Fox Corporation which owns the right-wing US network Fox News.
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"We are grateful to James for his many years of service to the company. We wish him the very best in his future endeavors," Rupert and Lachlan Murdoch said in a statement.
James Murdoch, the former CEO of 21st Century Fox, was once seen as the successor to his father's media empire. He has recently been critical of the family business and its media coverage.
The New York-based company publishes major newspapers in the UK and Australia and owns book publisher HarperCollins.
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In January, James and his wife said they were disappointed by the climate change skepticism of some News Corp-owned publications in their coverage of Australia's wildfires. He had previously criticized News Corp's editorial decision and said he disagreed with Fox News' coverage.
James has launched his own private holding company, Lupa system which has invested in Vice Media among other things.
adi/aw (AP, AFP)