https://www.foxbusiness.com/business-leaders/james-murdoch-resigns-from-the-news-corp-board
"My resignation is due to disagreements over certain editorial content published by the Company’s news outlets and certain other strategic decisions,” Murdoch wrote in a resignation letter.
The Murdoch's are majority shareholders in both News Corp. and Fox Corp.
News Corp. is the parent company of news outlets The Wall Street Journal, The New York Post, The Sun in the United Kingdom as well as newspaper and TV assets in Australia.
Fox Corp. is the parent company of FOX Business and Fox News.
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https://en.wikipedia.org/wiki/James_Murdoch
archived: May 2020 (two months ago)
https://archive.is/MOffd
As a youngster James was regarded as the brightest of the Murdoch children, but also considered something of a rebel. He first came to public notice as a 15-year-old intern at the Sydney Daily Mirror but made headlines in the rival The Sydney Morning Herald after he was photographed asleep on a sofa at a press conference.
Murdoch attended Horace Mann School in New York City and graduated in 1991. He then studied film and history at Harvard University, where he was a member of the Harvard Lampoon. He dropped out of university in 1995 without completing his studies.
With university friends Brian Brater and Jarret Myer, he backed the
establishment of Rawkus Records, an independent hip hop record label. The company was bought by News Corporation in 1998.
In 1996 Murdoch joined News Corporation and was appointed chairman of Festival Records.
He took charge of News Corporation's internet operations, where he invested in a series of ventures, including financial website TheStreet and the short-lived online music site Whammo, with mixed results. He also continued to contribute cartoons to US magazine Gear. He is credited with sparking his father's interest in the internet, and he reportedly tried to persuade his father to buy internet company Pointcast for US$450 million. It was subsequently sold to another company for $7 million
After installing a new management team at Festival, Murdoch purchased the controlling 51% share of Mushroom Records in 1999, and the merged group was rebranded as Festival Mushroom Records (FMR)
FMR struggled while Murdoch was in charge and after his departure its fortunes declined rapidly. FMR was closed in late 2005 and its remaining assets were sold:
In May 2000, Murdoch was appointed chairman and chief executive of News Corporation's ailing Asian satellite service Star Television, which at the time was losing £100 million a year, and he moved to Hong Kong
In a related announcement, Murdoch also took "direct responsibility for the strategic and operational development of News Corporation's television, newspaper, and related digital assets in Europe, Asia, and the Middle East." This included holdings such as News International, SKY Italia, STAR Group ltd
Following the surprise resignation of his brother Lachlan Murdoch from his executive positions at News Corporation in July 2005, James is widely viewed as his father's heir-apparent.
In February 2009, Murdoch was appointed a non-executive director with the British pharmaceutical company GlaxoSmithKline.
On 7 July 2011, James Murdoch announced the closure of the British tabloid newspaper the News of the World in the wake of a phone hacking scandal.
In September 2012, Murdoch was criticised by the British Office of Communications (Ofcom), which concluded that he "repeatedly fell short of the conduct to be expected of as a chief executive and chairman" and that his lack of action in relation to phone hacking was "difficult to comprehend and ill-judged".
In April 2014, it was announced that Murdoch would join the board of advertising start-up True[X] Media.
In June 2015, his father, Rupert, announced Rupert would be leaving his position as CEO of 21st Century Fox and James would take over the position.
In January 2016, Murdoch became the chairman of Sky, Britain's subscription broadcaster.
In July 2017, Murdoch became an independent director on the board of Tesla.
In October 2018, Murdoch left Sky after Comcast took the majority control of the company.
In March 2019, 21st Century Fox was sold to The Walt Disney Company, ending Murdoch's tenure as CEO.
Personal life ___
Murdoch married Kathryn Hufschmid Murdoch in 2000 and has three children, Anneka (born 2003), Walter (born 2004), and Emerson (born 2008).
Kathryn works for the Clinton Climate Initiative, a charitable foundation set up by the former U.S. President, Bill Clinton in 2006.
In 2013, the couple launched Quadrivium Foundation.
Murdoch also donated money to the Clinton Foundation, the nonprofit organization run by Chelsea, Bill and Hillary Clinton.
Murdoch was instrumental in the formation of Sky Procycling and is a keen cyclist himself. He has a black belt in karate