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Murdoch Resigns From British Papers' Boards
- New York Times, Monday, July 23, 2012 2:07 PM
News Corp. CEO Rupert Murdoch has resigned from directorships in three corporate subsidiaries that control major newspapers in his media empire: NI Group, the Times Newspaper Holdings, and Newscorp Investments in Britain. This move is a "remarkable turnaround" from his previous hands-on overseeing of such pubs as The Sun, "raising fresh speculation that he may be planning for an eventual sale of [those] newspapers," writes John F. Burns and Ravi Somaiya.
