News Corp. Deputy COO James Murdoch Severs All Ties to News International
NEW YORK - News Corp. deputy COO James Murdoch has formally cut all ties with the conglomerate's U.K. newspaper unit, News International, which has been the subject of phone hacking probes, Reuters reported.
The son of News Corp. chairman and CEO Rupert Murdoch announced his resignation as chairman of News International last month and has now officially stepped down from the unit's board.
He has also resigned from the board of Times Newspaper Holdings, which was formed to safeguard the independence of the Times of London and the Sunday Times when News Corp acquired the papers in 1981, according to Reuters.
Murdoch previously also stepped down from the boards of two holding companies, the report said.
Murdoch recently moved from London to New York where he is concentrating on the entertainment giant's global pay TV businesses. He remains chairman of U.K. satellite TV form BSkyB.
Earlier this year, he also left the boards of GlaxoSmithKline and Sotheby's.