Monday, 03 August, 2020

James Murdoch resigns from News Corp board, citing editorial disagreements

James Murdoch steps down from the board of News Corp over 'disagreements over editorial content' James Murdoch exits News Corp. board
Ginger Lawrence | 01 August, 2020, 02:38

While tendering the resignation, Murdoch also cited differences over certain strategic decisions of the company.

Mediate's August Takala tweeted that Murdoch reportedly wants to "invest up to $1 billion in left-leaning media outlets".

James Murdoch has announced he is stepping down from the board of News Corp, the parent company of The Wall Street Journal, The New York Post and News UK. The resignation was effective Friday. His more conservative sibling, Lachlan, is the heir apparent to New Corp Executive Chairman Rupert and is co-chairman of News Corp.

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News Corp also owns The Times, The Sun and The Sunday Times in the United Kingdom, as well as a stable of Australian newspapers, including The Australian, The Daily Telegraph and The Herald Sun. "We wish him the very best in his future endeavours". Youngest and liberal-leaning son James has had issues with editorial content before in the broader family busines that also controlls Fox News.

Earlier this year, Murdoch and his wife, Kathryn, issued a statement that criticized the way that News Corp publications had covered the issue of climate change.