Son of Rupert Murdoch resigns from board of News Corporation

Cheryl Sanders
August 1, 2020

Former 21st Century Fox chief executive James Murdoch, the son of media tycoon Rupert Murdoch, has resigned from News Corp's board citing clashes over editorial content.

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

The Wall Street Journal owner in May had posted a $1 billion quarterly loss due to a writedown in the value of its Australian pay TV unit and the impact of the COVID-19 pandemic on its businesses. Lachlan is also executive chairman and CEO of Fox Corp, home to conservative news network Fox News, the Fox broadcast and sports networks and local TV stations.

The 47-year-old once seen as his father's successor has been openly critical of some media coverage from publishing empire News Corp's outlets in recent months.

Rupert Murdoch's News Corporation covers media outlets across the globe including The Sun, The Times and The Sunday Times - as well as Harper Collins Publishers in the UK.

James Murdoch, who headed 21st Century Fox until he stepped down a year ago when Disney acquired most of the group's assets, has launched his own private holding company called Lupa Systems, which has taken a stake in Vice Media. In January, he and his wife, through a spokesperson, said they were disappointed with the denial of the link to climate change in coverage of Australia's destructive wildfires in News Corp-owned papers in Australia.

James, who has publicly said there are "views I really disagree with on Fox", abandoned the company previous year.

News Corp's brands include Australian publications the Australian, the Daily Telegraph, the Sunday Telegraph, and USA publishers such as Dow Jones, which includes the Wall Street Journal, and the New York Post.

He has launched his own private holding company called Lupa Systems, which among other things has taken a stake in Vice Media.

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