SpyLOG
18/6/2013 9:12
RIA Novosti

Business

Media Mogul Murdoch Quits as News International Director

Topic: News of the World phone hacking scandal

Rupert Murdoch and his wife Wendi Deng leave their London home on April 25, 2012
03:17 22/07/2012
LONDON, July 22 (RIA Novosti)
Tags: The Times, News of The World, NewsCorp, NI Group Ltd, Rupert Murdoch, Britain

Related News

Media magnate Rupert Murdoch has stepped down from his board posts at companies that own several of his News Corporation's best-known newspapers, British media reports said.

Murdoch, 81, quit directorships at his British publishing subsidiary NI Group Ltd, NewsCorp Investments and Times Newspaper Holdings on Friday, the reports said.

In an e-mail sent to staff of The Times, The Sunday Times and The Sun on Saturday, News International’s chief executive Tom Mockridge said Murdoch had also stepped down from more than a dozen boards of companies with interests in the United States, Australia and India.

He said the resignations were part of the preparation for the planned split of News Corp into two firms, which media reports said is designed to separate the company’s newspaper and book publishing interests from its now dominant TV and film enterprises.

Murdoch is expected to chair both firms but to be chief executive only of the TV and film business, the BBC said.

The move has fueled rumors of a possible sell-off of Murdoch’s UK newspapers, despite Mockridge’s reassurances that the billionaire media mogul remains "fully committed" as chairman, reports said.

Murdoch's reputation has been badly damaged by a phone-hacking scandal at his now defunct UK newspaper News of The World. Earlier this year, a parliamentary committee said Murdoch was “not a fit person to exercise the stewardship of a major international company.”

The scandal prompted Murdoch’s son, James, to step down as chairman of News International in February.

 

  • Add to blog
  • Send to friend
  • Share

Add to blog

You may place this material on your blog by copying the link.

Publication code:

Preview:

RIA NovostiRupert Murdoch and his wife Wendi Deng leave their London home on April 25, 2012Media Mogul Murdoch Quits as News International Director

03:17 22/07/2012 Media magnate Rupert Murdoch has stepped down from his board posts at companies that own several of his News Corporation's best-known newspapers, British media reports said.>>

Send by e-mail

All fields are required!


External partners
Leave a comment




    Рейтинг@Mail.ru  Rambler's Top100
    © 2013  RIA Novosti
    Some material may be inappropriate for children under 12