James Murdoch Announced that he will leave News Corp which runs newspaper New York time , The sun and more. He made this decision over the clash of the company’s editorial direction with his father , media mogul Rupert Murdoch.
James was seen as the head of the family business and has now decided to build his own collection of media and technology assets. He is outspoken too about his family’s companies , News Corp and Fox Corp.
Rupert and Lachlan the co-chairman of the News Corp said in brief response to his son’s departure,’We’re grateful to James for his many years of service to the company. “We wish him the very best in his future endeavors.”
MCH group Ltd the parent company of Art basel Art Fairs told that the broad has approved the investment by James’s firm and he owns 49% of the business.
James also criticised the editorial content of both News Corp and Foox’s news channel. He said that he dont watch Fox News and he has noticed issues with News Corp’s coverage of wildfires for downplaying global warming. He has also donated $615000 to fun and support the Joe Biden, the demovcratic nominee for presidential election.