Reuters: Top News: James Murdoch severs all ties with UK newspapers

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James Murdoch severs all ties with UK newspapers Mar 24th 2012, 19:47 Tweet Share this Email Print Related News Cisco pumps up video offering with $5 billion NDS buy Thu, Mar 15 2012 James Murdoch pleads innocence ahead of UK report Wed, Mar 14 2012 Ex-Murdoch editor Brooks arrested again over hacking Tue, Mar 13 2012 Pressure set to mount on James Murdoch Fri, Mar 9 2012 Hacking "mole" helps FBI arrest Anonymous leaders Tue, Mar 6 2012 Analysis & Opinion Corporate governance: succession planning through crises and emergency transitions Essential tax and accounting reading: PCAOB and U.S. Chamber clash on auditor rotation, IRS auditing rich more, Amazon's taxing times, missing parts of Ryan's plan, and more File picure of James Murdoch in Edinburgh, Scotland. Credit: Reuters/David Moir LONDON | Sat Mar 24, 2012 3:47pm EDT LONDON (Reuters) - James Murdoch has severed all ties with News Corp's British newspaper business, which is at the centre of multiple investigations over phone and computer hacking and bribery, according to regulatory filings. Murdoch is under scrutiny for his role in failing to uncover systematic illegal interception of phone calls at the News of the World newspaper, which was shut down last July, and stepped down as chairman of News Corp's UK publishing arm last month. One document filed this week shows that Murdoch has resigned from the board of Times Newspaper Holdings, which was set up to guarantee the independence of the Times of London and the Sunday Times when News Corp acquired the titles in 1981. Earlier documents show that Murdoch stepped down from the boards of holding companies News Corp Investments and News International Publishers Ltd shortly after resigning as chairman of News International, News Corp's UK publishing arm. News Corp declined on Saturday to comment on the resignations. Murdoch was recently appointed deputy chief operating officer of News Corp and is now based in New York, where he is focusing on the media conglomerate's pay-TV businesses. This year, he gave up his directorships of GlaxoSmithKline and Sotheby's, but he remains chairman of British satellite broadcaster BSkyB, of which he was formerly chief executive and in which News Corp owns 39 percent. (Reporting by Georgina Prodhan; Editing by Karolina Tagaris) Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (1) Run, run like hell far far away. They are coming to take me away. Mar 24, 2012 11:37am EDT  --  Report as abuse See All Comments » Add Your Comment

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