“My resignation is because of disagreements over sure editorial content material revealed by the Firm’s information shops and sure different strategic selections,” Murdoch wrote within the letter, which was filed with the Securities and Change Fee on Friday.
His resignation is the strongest signal but that Murdoch, 47, has damaged ideologically from his household’s media holdings, which embody the cable information channel that he as soon as had oversight over.
Whereas his father, who stays the corporate’s government chairman, is influential in Republican politics, Murdoch and his spouse have lengthy been main donations to left-leaning causes and political candidates. They very publicly donated $1 million to the Anti-Defamation League in August 2017 after the protests in Charlottesville, Va., calling out “hate and bigotry.” James Murdoch has additionally donated to the presidential campaigns of former vp Joe Biden, former South Bend, Ind. mayor Pete Buttigieg, and former Colorado Gov. John Hickenlooper. Murdoch’s most up-to-date donation was a $615,000 present on June 30 to joint fundraising committee the Biden Victory Fund.
Earlier this yr, Murdoch and his spouse, Kathryn, issued a press release that criticized the way in which that Information Corp publications had lined the problem of local weather change. “Kathryn and James’ views on local weather are properly established and their frustration with among the Information Corp and Fox protection of the subject can also be well-known,” they mentioned in January.
In an interview with The New Yorker’s Jane Mayer in September 2019, Murdoch mentioned, “There are views I actually disagree with on Fox.”
And, throughout a stage interview at Vainness Truthful’s New Institution Summit in October 2019, Murdoch replied “uh, no” when requested if he nonetheless watches the community that he as soon as ran.
James Murdoch’s brother, Lachlan Murdoch, now serves as chief government of Fox Corp, a slimmed down model of the corporate that remained after Disney’s $71 billion acquisition of Fox’s leisure property in early 2019.
In a press release, Rupert and Lachlan Murdoch mentioned: “We’re grateful to James for his a few years of service to the corporate. We want him the perfect in his future endeavors.”