Rupert Murdoch's Son & Biden Donor Resigns From News Corp For 'Disagreements Over Editorial Content'
Last edited Sun Aug 2, 2020, 10:43 PM - Edit history (3)
'Rupert Murdoch’s son resigns from News Corp- citing ‘disagreements’ over editorial content,' Written by Roger Sollenberger, Aug. 1, 2020, AlterNet. - Excerpts:
James Murdoch, the former CEO of 21st Century Fox and the youngest son of Fox News founder Rupert Murdoch, has resigned from the board of the family’s News Corp media empire, according to a Friday filing with the Securities and Exchange Commission.
James announced the move in an unadorned resignation letter, which reads in its entirety: Ladies and Gentlemen: I hereby tender my resignation as a member of the Board of Directors of News Corporation (the “Company”), effective as of the date hereof. My resignation is due to disagreements over certain editorial content published by the Company’s news outlets and certain other strategic decisions.
The Murdoch empire is divided between News Corp and Fox Corporation, the umbrella company for Fox News, which has been run by James’ brother, Lachlan, following the departure of Roger Ailes amid numerous allegations of sexual assault from women at the network. James, who has publicly said there are “views I really disagree with on Fox,” abandoned the company last year. While he no longer has an official position on either board, he retains his share of the Murdoch Family Trust, which has voting stakes in both companies.
The conflicts cited in the resignation letter included editorial content printed in News Corp entities the The New York Post and The Wall Street Journal, Axios reported. Specifics remain unclear. James has made clear that he does not ascribe to his father’s austere conservative politics. He holds a stake in VICE and has given money to Democratic candidates. This June, he and his wife Kathryn each donated $615,000 to the Biden Victory Fund, per Federal Election Commission records...
More, https://www.alternet.org/2020/08/rupert-murdochs-son-resigns-from-news-corp-citing-disagreements-over-editorial-content/
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