James Murdoch speaks during a event. File/AFP
James Murdoch, the younger son of press and media mogul Rupert Murdoch, has resigned from the board of News Corp, amid ongoing dissatisfaction with its editorial direction.
Murdoch, 47, who has emerged as one of Joe Biden’s larger donors and supporters, said he was standing down because of disagreements over editorial content published by the company, whose assets include Dow Jones and Company, The Wall Street Journal and the New York Post.
In the UK, it is the publisher of The Sun and The Times, while it also owns News Corp Australia.
The company also includes the publisher, HarperCollins, among its portfolio of holdings.
News of the decision was contained within a company filing with the federal financial regulator, the US Securities and Exchange Commission.
“I hereby tender my resignation as a member of the Board of Directors of News Corporation (the “Company”), effective as of the date hereof,” said the letter posted on Friday.
“My resignation is due to disagreements over certain editorial content published by the Company’s news outlets and certain other strategic decisions.”
On Friday, Murdoch’s father, the executive chairman of News Corp, and his elder brother Lachlan, its co-chairman, confirmed his standing down in a joint statement
“We’re grateful to James for his many years of service to the company," they said. “We wish him the very best in his future endeavours.”
James Murdoch and his wife, Kathryn, have long been known to disagree with the political inclinations of Rupert Murdoch, 89, and the many conservative media outlets he owns.
In January, the couple issued a statement condemning News Corp and Fox News for playing down the threat of climate change.
“Kathryn and James’ views on climate are well established and their frustration with some of the News Corp and Fox coverage of the topic is also well known,” a spokesperson for the couple told The Daily Beast as wildfires raged in Australia.The Independent
At the age of 92, Australia-born media tycoon Rupert Murdoch stepped down as chairman of News Corp and Fox Corp, one a media network that spread across Australia, Asia and United Kingdom, and the other a leading American television news network.
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Controversial media mogul Rupert Murdoch has resigned as chairman of Fox Corp and News Corp marking the end of an over 70-year career during which he built a business empire stretching from Australia to the US.
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