Rupert Murdoch resigns from multiple News Corp. subsidiary boards in Britain. He also quit from some of the media company's subsidiary boards in the United States.Murdoch quit past week as a director of NI Group, Times Newspaper
Holdings and News Corp. Investments in the U.K., said Daisy Dunlop,
spokeswoman for News Corp.'s British arm, News International. The
companies oversee The Sun, The Times, and The Sunday Times.
A spokesman said: "Last week, Mr Murdoch stepped down from a number of boards, many of them small subsidiary boards, both in the UK and US.
"This is nothing more than a corporate house-cleaning exercise prior to the company split."
News Corp plans to split into two firms, separating its newspaper and book publishing interests from its now dominant TV and film enterprises.Mr Murdoch is expected to chair both businesses but to be chief executive only of the TV and film side.The other company will hold all News Corp's publishing interests, such as the Wall Street Journal, the Times, the Sun, the Australian, the New York Post and publisher HarperCollins.reports media agencies BBC
A spokesman said: "Last week, Mr Murdoch stepped down from a number of boards, many of them small subsidiary boards, both in the UK and US.
"This is nothing more than a corporate house-cleaning exercise prior to the company split."
News Corp plans to split into two firms, separating its newspaper and book publishing interests from its now dominant TV and film enterprises.Mr Murdoch is expected to chair both businesses but to be chief executive only of the TV and film side.The other company will hold all News Corp's publishing interests, such as the Wall Street Journal, the Times, the Sun, the Australian, the New York Post and publisher HarperCollins.reports media agencies BBC
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