James Murdoch leaves News Corp board after schism

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James Murdoch has stepped down from News Corp’s board in the latest rift in the relationship between Rupert Murdoch’s youngest son and the family media empire.

In a letter to the company dated July 31, the younger Mr Murdoch wrote that his resignation was “due to disagreements over certain editorial content posted by [News Corp]the media and certain strategic decisions ”.

James Murdoch criticized his father’s news outlets earlier this year for promoting false skepticism about climate change.

Since the family entertainment empire broke up by selling most of 21st Century Fox to Disney, the 47-year-old has distanced himself from the conservative politics of press brands controlled by his 89-year-old father. .

He invested around $ 2 billion in the proceeds from the sale of Fox to build his own portfolio of companies, including an investment in start-ups aimed at tackling fake news and a stake in Vice Media.

In a statement, his father Rupert, executive chairman of News Corp, and his older brother Lachlan, co-chairman, said, “We are grateful to James for his many years of service to the company. We wish him the best in his future endeavors.

A representative for James Murdoch said earlier that he had “no further comment, the letter speaks for itself”.

The latest tensions within the Murdoch family became public in January, when bushfires ravaged Australia, the original home of Rupert Murdoch’s information empire. James and his wife Kathryn have publicly expressed their disappointment with News Corp’s coverage in Australia for its “continued denial” of global warming.

News Corp has a stable of newspapers, which includes the Wall Street Journal and the Sun newspaper in the UK.

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