James Murdoch leaves the family business

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(Journalist)
– Well that’s it – James Murdoch has officially left the family business. The youngest son of media mogul Rupert Murdoch wrote a terse letter on Friday leaving the board of directors of News Corp, a conservative publishing empire that owns dozens of newspapers. “I hereby present my resignation”, he wrote, by New York Times. “My resignation is due to disagreements on certain editorial content published by the company’s news organizations and on certain other strategic decisions. His father and Lachlan Murdoch – two senior News Corp officials – wrote an equally opaque response, saying they were “grateful to James for his many years of service” and wished him “the best in these future endeavors.”

Young Murdoch’s departure follows months, if not years, of clashes with his father and older brother. James took public positions against their conservative views, donating to Pete Buttigieg and PACs supporting Joe Biden; He also denounced the coverage of climate change in Fox News and News Corp newspapers as wildfires ravaged his family’s home country of Australia, according to CNN Business. the le journal Wall Street notes that James had already quit his post as CEO of 21st Century Fox after the takeover of a large part of his entertainment unit by Walt Disney Co. James still has a vote in the Murdoch Family Trust, which holds shares with rights key voting figures in News Corp and 21st Century Renard. (Read more stories from James Murdoch.)

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