Thursday, July 26, 2012

Murdoch Quits as News International Director

Rupert Murdoch quits as News International director:
Rupert Murdoch quit News International's (NI) three major publishing houses - News Corp Investments, News International Group and Times Newspaper Holdings.
NI would not confirm details of the US "small subsidiary boards" from which he had resigned.
A spokesperson for the media giant said that Murdoch would remain committed to his role as chief executive of entertainment and reduce his duties to chairman of the publishing business when the conglomerate splits.