James Murdoch severed his last tie to his family’s empire today with his resignation from News Corp., which he said was due to “disagreements over editorial content published by the Company’s news outlets and certain other strategic decisions.”
From The New York Times:
The two sides began discussing Mr. Murdoch’s departure from the News Corp board earlier this year, according to two people with knowledge of the matter.
But his terse resignation note belied the behind-the-scenes drama that has brought Mr. Murdoch to this point in his life and career. And it widened the schism that has emerged between James and his 89-year-old father and his older brother, Lachlan, once a dynastic triumvirate that for years held sweeping influence over the world’s cultural and political affairs.
Weeks ago, James and his wife jointly contributed more than $1 million to a fund-raising committee for former Vice President Joseph R. Biden Jr., the presumptive Democratic nominee for president. And in February, as wildfires raged across Australia — his father’s birthplace — Mr. Murdoch issued a rebuke of his own family’s media properties, criticizing how Murdoch publications have covered climate change.
His last formal link to the family business was through News Corp, which publishes influential broadsheets like The Wall Street Journal as well as powerful tabloids, including The Sun of London and The New York Post. The company also oversees several other papers in Britain and publications in Australia.
James Murdoch had already left Fox Corp., the company that controls Fox News.
You can watch a July 31, 2020 report from ABC News (Australia) about James Murdoch’s departure below.