James Murdoch severs all ties with UK newspapers

[Eugene]

Source: Reuters

James Murdoch severs all ties with UK newspapers

LONDON | Sat Mar 24, 2012 3:47pm EDT

(Reuters) - James Murdoch has severed all ties with News Corp's British newspaper business, which is at the centre of multiple investigations over phone and computer hacking and bribery, according to regulatory filings.

Murdoch is under scrutiny for his role in failing to uncover systematic illegal interception of phone calls at the News of the World newspaper, which was shut down last July, and stepped down as chairman of News Corp's UK publishing arm last month.

One document filed this week shows that Murdoch has resigned from the board of Times Newspaper Holdings, which was set up to guarantee the independence of the Times of London and the Sunday Times when News Corp acquired the titles in 1981.

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Read more: http://www.reuters.com/article/2012/03/24/us-newscorp-murdoch-newspapers-idUSBRE82N08820120324

[dipsydoodle]

1. News International is likely to become a separate holding company

divorced from New Corp prior to its possible sale. As such the severence is hardly surprising.

One document filed this week.......that will be at Companies House which is public information. Its a requirement of the Companies Act.

[GreatCaesarsGhost]

2. PBS - Frontline "Murdoch's Scandal" Tuesday March 27th

fyi