Tuesday, July 24, 2012

Murdoch Quits as Director of British Papers



'The media mogul Rupert Murdoch resigned his directorships of a series of companies behind The Sun, The Times and The Sunday Times newspapers it was announced last night, prompting claims that he was "running away" from the group.

News International's chief executive, Tom Mockridge, told staff at the newspapers of the changes in an email circulated yesterday afternoon, which said: "This decision by Rupert is part of the preparation of the business for the upcoming restructure into two companies." The move to step down from News International and Times Newspapers was explained as "nothing more than corporate house-cleaning".'

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