Saturday, July 21, 2012

USA - Voice of America: Murdoch Quits News Corp Subsidiary Boards

USA - Voice of America
usa
Murdoch Quits News Corp Subsidiary Boards
Jul 22nd 2012, 00:41

Media mogul Rupert Murdoch has stepped down as director of several subsidiary boards within his troubled News Corporation conglomerate, ahead of a planned company split. A corporate statement said Murdoch stepped down as director of NI Group (formerly News International), Times Newspaper Holdings and News Corporation Investments. It linked the move to a recent announcement that the $53 billion media empire would separate its publishing and its media and entertainment businesses into two ...

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