Murdoch quits as News International director
London: Media mogul Rupert Murdoch has stepped down as a director of News International, the group that owns The Times, The Sunday Times and The Sun, in a move that has fuelled speculation that he is preparing to sell off his British newspapers.
In an e-mail sent on Saturday, staff at The Times, The Sunday Times and The Sun were told that the 81-year-old Murdoch remained "fully committed" as chairman despite relinquishing his positions on a number of British boards, including News International, The Guardian reported on Sunday.
The move was in line with plans to restructure his News Corporation empire, the message read.
Murdoch has already outlined plans to split the group into two, the daily said.
Under the proposals, the US-based Fox TV and 20th Century Fox film studio will be separated from the publishing businesses, including The Wall Street Journal, alongside Murdoch`s British and Australian newspapers and HarperCollins book publishing.
The media mogul plans to remain the chairman. Chase Carey, the chief operating officer at News Corp, will be elevated to the No 2 spot at the entertainment business.
Murdoch has also resigned from the boards of a dozen companies with interests in the US, Australia and India, the daily said.
Staff were said to be concerned that the move was a precursor to putting the British units up for sale, following the shutdown of the News of The World after the revelations of widespread phone hacking.
Earlier this year, a parliamentary committee said Murdoch was "not a fit person" to run an international business.
More from India
More from World
More from Sports
More from Entertaiment
- Trump-Sharif conversation: Team Donald denies Pakistan's claims
- Hizbul commander Musa issues threats of attacks in new video
- 'Heart of Asia' Conference begins in Amritsar; Sartaj Aziz to pay a visit on Sunday
- Aware of Chinese submarine deployment at Balochistan's Gwadar port, says Navy chief
- Panel discussion over Mamata Banerjee's false allegations on Indian Army for political gains
- Gujarat businessman declares highest ever black money amount – Rs 13,000 crore!
- Rs 14,000 crore default case: Gujarat businessman detained, says money belongs to politicians, babus
- Army proves Mamata Banerjee wrong, releases letter showing West Bengal govt knew of exercise
- Manohar Parrikar exposes Mamata's attempt to politicise routine Army exercise in Kolkata
- Newly-wed couple Yuvraj Singh and Hazel Keech perform `bhangra` at Goa airport – Viral video