Rupert Murdoch quits boards of British newspapers: NI

Rupert Murdoch has resigned as director of a number of companies behind British newspapers The Sun, The Times and The Sunday Times, a News International spokeswoman said.

"Last week Mr Murdoch stepped down from a number of boards, many of them small subsidiary boards, both in the UK and US," a spokeswoman for News Corp's British publishing arm News International said Saturday.

The News Corp chief executive is stepping down from his role on the boards of News Corp Investments, News International Group Limited and Times Newspaper Holdings.

He has also left more than a dozen boards in the US, Australia and India.

News International sought to play down the development, saying it was "no more than a corporate house-cleaning exercise prior to the company split".

The decision comes after Murdoch announced last month that News Corp will press ahead with a split of the entertainment division from its struggling publishing business, saying he is committed to both units.

He said he would be chairman of both companies, including an entertainment unit led by Fox studios and television assets, and a publishing unit that includes The Wall Street Journal and The Times of London.

An email sent to newspaper staff on Saturday said the latest move "is part of the preparation of the business for the upcoming restructure into two companies", British media reported.

In the memo News International boss Tom Mockridge said Murdoch "remains fully committed... as chairman of what will become the largest newspaper and digital group in the world."

"We look forward to seeing him in London over the Olympic Games," he added.

The announcement fuelled speculation in the British press however that News Corp could be preparing to sell its British newspapers which have been at the centre of Britain's phone hacking scandal.

Opposition Labour MP Tom Watson, a long standing Murdoch critic, told the Independent newspaper: "It's hard not to draw the conclusion that Mr Murdoch is deserting his loyal staff who are left to clean up the ruins after the wrongdoing that has been exposed.

"No matter how far he runs, he can never evade responsibility for creating a corporate culture that allowed widespread criminality to take place."

Watson was a member of the select committee which earlier this year branded Murdoch as "not a fit person" to run a major international business.

Murdoch has been under increasing pressure from British shareholders and politicians over claims of phone hacking and corruption at some of his British newspapers in what has been a turbulent year for the 81-year-old Australian national.

His board resignations comes 12 months after the closure of the flagship News of The World tabloid weekly following allegations that journalists accessed the voicemail of a murdered schoolgirl and hacked the phones of dozens of public figures.

The move will seen by many as a way of detaching News Corp from the scandal that has led to the departure of several senior executives in Britain.

The Financial Times said Murdoch was "symbolically distancing himself from the Fleet Street empire he began when he bought the News of the World and The Sun in 1969".

The media mogul's son James Murdoch, who was chairman of News International at the time of the revelations, quit the British newspaper group last November over the scandal.

The hacking allegations sparked public outcry and triggered a huge public inquiry into media ethics in Britain as well as a string of high-profile arrests.

More than 50 people have been arrested under investigations into hacking and corruption, including Rebekah Brooks, a former top aide to Murdoch and friend of British Prime Minister David Cameron and his former media chief Andy Coulson.

Loading...

Editor’s note:Yahoo Philippines encourages responsible comments that add dimension to the discussion. No bashing or hate speech, please. You can express your opinion without slamming others or making derogatory remarks.

  • Pinoy team wins global disaster preparedness competition

    The Philippines was one of the big winners at the 2015 Global Innovation Competition last week for a cloud-based information system for disaster. The project, called "Balangay," is the brainchild of cousins Frei Sangil and Paolo Sangil. …

  • How Asia uses Bitcoin in one color-coded map
    How Asia uses Bitcoin in one color-coded map

    Bitcoin is a global phenomenon, but not everyone around the world uses it in the same way. Here in Asia, the way a person from the Philippines uses bitcoin is probably very different from how it’s used in Thailand, and both are very different from the typical user in Taiwan. Despite bitcoin being hailed as …

  • Pacmania sweeps Philippines ahead of Mayweather clash
    Pacmania sweeps Philippines ahead of Mayweather clash

    Manny Pacquiao's face is on shirts, dolls and postage stamps, his life story is playing in movie houses and millions are getting ready to party as the Philippine boxing hero's "fight of the century" nears. Pacmania is sweeping the Southeast Asian nation of 100 million people ahead of the May 2 Las Vegas bout against unbeaten Floyd Mayweather to decide who is the best boxer of their generation. Of course, it's the fight of the century," Manila film producer Lucky Blanco told AFP. …

  • Manila 'cute little submissive' of US: China media
    Manila 'cute little submissive' of US: China media

    The Philippines is nothing more than the "cute little submissive" of the United States, a Chinese tabloid with close ties to the ruling Communist Party said on Tuesday, criticising Manila for military exercises with Washington. The English-language editorial came a day after the Philippines launched giant 10-day war games with the US and Australia, partly aimed as a warning shot to Beijing amid competing claims in the South China Sea, home to vital shipping routes. "Of all the countries …

  • Philippines seeks more military aid from US to counter China
    Philippines seeks more military aid from US to counter China

    The Philippines said Tuesday it would soon ask the United States for more military equipment and training to build its defences, as it faces Chinese "aggressiveness" in disputed waters. As hundreds of Filipino and American Marines simulated an amphibious assault to reclaim territory from invaders during annual war games, military chief General Gregorio Catapang told AFP he was drafting a "wish list" for US aid. Catapang said the Philippines would ask for "equipment and training", when Foreign …

  • Philippines accuses China of turning water cannon on its fishing boats

    Filipino activists denounced China's coast guard on Tuesday for turning water cannon on Philippine fishing boats in disputed waters, near where hundreds of Filipino and American Marines landed on a beach in a mock assault.     The presidential palace in Manila said China's coast guard used water cannon on Monday to drive away a group of Filipino fishermen at Scarborough Shoal, damaging some of their wooden boats. Chinese ships rammed a fishing boat in the area a few months back. China in …

  • Ex-Cavite governor gets PCSO top post
    Ex-Cavite governor gets PCSO top post

    After nearly a year, President Aquino finally made good his promise to a long-time ally – former Cavite governor and congressman Erineo Maliksi – to head the Philippine Charity Sweepstakes Office (PCSO), replacing Margarita Juico who resigned in May 2014. Maliksi must be officially elected by the PCSO board members as their chairman. Prior to his appointment to the PCSO, Maliksi faced graft charges before the Sandiganbayan in connection with the alleged illegal purchase of P2.5 million worth …

  • US, Phl military exercises to focus on sea defense
    US, Phl military exercises to focus on sea defense

    A massive deployment of aircraft, personnel and warships characterizes this year’s Balikatan between the two allies, which war games were launched 30 years ago. Commander Lued Lincuna, Philippine Navy public affairs chief, said the Marine Battalion Landing Team-4 (MBLT-4) will link  up with the US 3rd Marine Expeditionary Force. …

POLL

Should Aquino be held accountable over the Mamasapano operations?

Loading...
Poll Choice Options