BREAKING: James Murdoch has resigned from the board of News Corp, a pillar of his father's media empire, citing editorial disagreements over news content.
While tendering the resignation, Murdoch also cited differences over certain strategic decisions of the company.
The departure of the son of media tycoon Rupert Murdoch would leave the News Corp board with 10 directors. 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.Stay informed and participate in virtual events, forums and comments.
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