Media Scion James Murdoch Quits News Corp Board 1 August 2020

Total Page：16

File Type：pdf, Size：1020Kb

Media scion James Murdoch quits News Corp board 1 August 2020 Disney acquired most of the group's assets. James Murdoch, 47, has recently been critical of his father's business and its media coverage. In January, he denounced the climate change skepticism of some Murdoch media, citing coverage of the fires which devastated large parts of Australia. He has launched his own private holding company called Lupa Systems, which among other things has taken a stake in Vice Media. "We're grateful to James for his many years of James Murdoch, who has resigned from News Corp, has service to the company. We wish him the very best been critical of the business and its media coverage in his future endeavors," said Rupert Murdoch, executive chairman of News Corp and James's brother Lachlan Murdoch in a statement. Former 21st Century Fox chief executive James © 2020 AFP Murdoch, son of media tycoon Rupert Murdoch, has resigned from News Corp's board, according to a document released Friday by the US Securities and Exchange Commission (SEC). A letter sent by James Murdoch to the board said the decision was due to "disagreements over certain editorial content published by the company's news outlets and certain other strategic decisions." News Corp owns the Wall Street Journal, the New York Post, The Times and the Sun newspapers among others, but not Rupert Murdoch's Fox News network. James Murdoch was once seen as his father's successor, but Friday's move reinforces his disengagement from the family media empire, which grew from a newspaper group in Australia. Murdoch, Rupert's younger son, headed 21st Century Fox until last year when he left after 1 / 2 APA citation: Media scion James Murdoch quits News Corp board (2020, August 1) retrieved 2 October 2021 from https://techxplore.com/news/2020-08-media-scion-james-murdoch-news.html This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. 2 / 2 Powered by TCPDF (www.tcpdf.org).

Copy Link

Recommended publications

Abstract a Case Study of Cross-Ownership Waivers
ABSTRACT A CASE STUDY OF CROSS-OWNERSHIP WAIVERS: FRAMING NEWSPAPER COVERAGE OF RUPERT MURDOCH’S REQUESTS TO KEEP THE NEW YORK POST by Rachel L. Seeman Media ownership is an important regulatory issue that is enforced by the Federal Communications Commission. The FCC, Congress, court and public interest groups share varying viewpoints concerning what the ownership limits should be and whether companies should be granted a waiver to be excused from the rules. News Corporation is one media firm that has a history of seeking these waivers, particularly for the New York Post and television stations in same community. This study conducted a qualitative framing analysis of news articles from the New York Times and the Wall Street Journal to determine if the viewpoints expressed by the editorial boards were reflected in reports on News Corp.’s attempt to receive cross-ownership waivers. The analysis uncovered ten frames the newspapers used to assist in reporting the events and found that 80% of these frames did parallel the positions the paper’s editorial boards took concerning ownership waivers. A CASE STUDY OF CROSS-OWNERSHIP WAIVERS: FRAMING NEWSPAPER COVERAGE OF RUPERT MURDOCH’S REQUESTS TO KEEP THE NEW YORK POST A Thesis Submitted to the Faculty of Miami University in partial fulfillment of the requirements for the degree of Master of Arts Department of Communications by Rachel Leianne Seeman Miami University Oxford, OH 2009 Advisor: __________________________________ (Dr. Bruce Drushel) Reader: __________________________________ (Dr. Howard
[Show full text]
Dirty Power: Burnt Country 1 Greenpeace Australia Pacific Greenpeace Australia Pacific
How the fossil fuel industry, News Corp, and the Federal Government hijacked the Black Summer bushfires to prevent action on climate change Dirty Power: Burnt Country 1 Greenpeace Australia Pacific Greenpeace Australia Pacific Lead author Louis Brailsford Contributing authors Nikola Čašule Zachary Boren Tynan Hewes Edoardo Riario Sforza Design Olivia Louella Authorised by Kate Smolski, Greenpeace Australia Pacific, Sydney May 2020 www.greenpeace.org.au TABLE OF CONTENTS Executive summary 4 1. Introduction 6 2. The Black Summer bushfires 7 3. Deny, minimise, adapt: The response of the Morrison Government 9 Denial 9 Minimisation 10 Adaptation and resilience 11 4. Why disinformation benefits the fossil fuel industry 12 Business as usual 13 Protecting the coal industry 14 5. The influence of the fossil fuel lobby on government 16 6. Political donations and financial influence 19 7. News Corp’s disinformation campaign 21 News Corp and climate denialism 21 News Corp, the Federal Government and the fossil fuel industry 27 8. #ArsonEmergency: social media disinformation and the role of News Corp and the Federal Government 29 The facts 29 #ArsonEmergency 30 Explaining the persistence of #ArsonEmergency 33 Timeline: #ArsonEmergency, News Corp and the Federal Government 36 9. Case study – “He’s been brainwashed”: Attacking the experts 39 10. Case study – Matt Kean, the Liberal party minister who stepped out of line 41 11. Conclusions 44 End Notes 45 References 51 Dirty Power: Burnt Country 3 Greenpeace Australia Pacific EXECUTIVE SUMMARY stronger action to phase out fossil fuels, was aided by Rupert Murdoch’s News Corp media empire, and a Australia’s 2019/20 Black coordinated campaign of social media disinformation.
[Show full text]
The Donald Trump-Rupert Murdoch Relationship in the United States
The Donald Trump-Rupert Murdoch relationship in the United States When Donald Trump ran as a candidate for the Republican presidential nomination, Rupert Murdoch was reported to be initially opposed to him, so the Wall Street Journal and the New York Post were too.1 However, Roger Ailes and Murdoch fell out because Ailes wanted to give more positive coverage to Trump on Fox News.2 Soon afterwards, however, Fox News turned more negative towards Trump.3 As Trump emerged as the inevitable winner of the race for the nomination, Murdoch’s attitude towards Trump appeared to shift, as did his US news outlets.4 Once Trump became the nominee, he and Rupert Murdoch effectively concluded an alliance of mutual benefit: Murdoch’s news outlets would help get Trump elected, and then Trump would use his powers as president in ways that supported Rupert Murdoch’s interests. An early signal of this coming together was Trump’s public attacks on the AT&T-Time Warner merger, 21st Century Fox having tried but failed to acquire Time Warner previously in 2014. Over the last year and a half, Fox News has been the major TV news supporter of Donald Trump. Its coverage has displayed extreme bias in his favour, offering fawning coverage of his actions and downplaying or rubbishing news stories damaging to him, while also leading attacks against Donald Trump’s opponent in the 2016 presidential election, Hillary Clinton. Ofcom itself ruled that several Sean Hannity programmes in August 2016 were so biased in favour of Donald Trump and against Hillary Clinton that they breached UK impartiality rules.5 During this period, Rupert Murdoch has been CEO of Fox News, in which position he is also 1 See e.g.
[Show full text]
Summer 2011 Bulletinprimary.Indd
A PUBLICATION OF THE SILHA CENTER FOR THE STUDY OF MEDIA ETHICS AND LAW | SUMMER 2011 Not Just a ‘Rogue Reporter’: ‘Phone Hacking’ Scandal Spreads Far and Wide The so-called “phone hacking” scandal has led to more than Murdoch Closes News of the World and a dozen arrests, resignations by top News Corp. executives Speaks to Parliament while Public and British police, the launching of several new investigations Outrage Grows over Tabloid Crime, into News Corp. business practices, and pressured Murdoch to retreat from a business deal to purchase the remaining Collusion, and Corruption portion of BSkyB that he did not own. The U.S. Department of Justice and the Securities and Exchange Commission (SEC) massive ethical and legal scandal enveloped the are reportedly conducting preliminary investigations into the Rupert Murdoch-owned British tabloid News of possibility of international law violations. The FBI is reportedly the World in the summer of 2011, leading to its investigating allegations that Murdoch journalists hacked into sudden closure. New allegations arose almost the phones of victims of the Sept. 11, 2001 terrorist attacks daily that reporters and private investigators or their families. British police have teamed up with Scottish Aillegally accessed the voice mail messages of politicians, authorities to continue investigating claims of phone hacking. celebrities, and private citizens. The revelations sparked Parliament launched a formal inquiry into the scandal and has worldwide public outcry and led to sweeping law enforcement questioned top News Corp. ofﬁ cials including Rupert Murdoch investigations directed at top editors of the paper, executives and his son, James Murdoch.
[Show full text]
IN the COURT of CHANCERY of the STATE of DELAWARE CENTRAL LABORERS PENSION FUND, Plaintiff, V. NEWS CORPORATION, Defendant
EFiled: Mar 16 2011 4:28PM EDT Transaction ID 36513228 Case No. 6287- IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE ) CENTRAL LABORERS PENSION FUND, ) ) Plaintiff, ) C.A. No. v. ) ) NEWS CORPORATION, ) ) Defendant. ) COMPLAINT PURSUANT TO 8 DEL. C. §220 TO COMPEL INSPECTION OF BOOKS AND RECORDS Plaintiff Central Laborers Pension Fund (“Central Laborers”), as and for its Complaint, herein alleges, upon knowledge as to itself and its own actions, and upon information and belief as to all other matters, as follows: NATURE OF THE ACTION 1. In this action, plaintiff seeks to enforce its right to inspect certain corporate books and records of defendant News Corporation (“News Corp” or the “Company”), a Delaware corporation, pursuant to 8 Del. C. § 220 (“Section 220”). Plaintiff seeks to inspect these documents in order to investigate possible breaches of fiduciary duty on the part of News Corp’s Board of Directors, including its Chairman, Chief Executive Officer and controlling shareholder, Rupert Murdoch (“Murdoch”), in allowing Murdoch to cause News Corp to spend $675 million to buy Shine Group (“Shine”), a company controlled by Murdoch’s daughter, Elisabeth Murdoch (the “Transaction”), for no valid business purpose. Murdoch has made clear that an express purpose of the Transaction is to bring Elisabeth back to the family business—News Corp—and onto News Corp’s Board of Directors. 2. As set forth herein, plaintiff believes that News Corp has improperly agreed to enter into the Transaction with Murdoch’s daughter at terms unfair to the Company, and for the purpose of furthering Murdoch’s single-minded goal of maintaining his, and over the long-term, his family’s, control over his vast media empire, to the detriment of the Company.
[Show full text]
Annual Report 2018
ANNUAL REPORT 2018 JULY 1, 2017 – JUNE 30, 2018 be out-of-date or reflect the bias and expeditionary initiative, which traveled to SCIENCE stereotypes of past eras, the Museum is Transylvania under Macaulay Curator in endeavoring to address these. Thus, new the Division of Paleontology Mark Norell to 4 interpretation was developed for the “Old study dinosaurs and pterosaurs. The Richard New York” diorama. Similarly, at the request Gilder Graduate School conferred Ph.D. and EDUCATION of Mayor de Blasio’s Commission on Statues Masters of Arts in Teaching degrees, as well 10 and Monuments, the Museum is currently as honorary doctorates on exobiologist developing new interpretive content for the Andrew Knoll and philanthropists David S. EXHIBITION City-owned Theodore Roosevelt statue on and Ruth L. Gottesman. Visitors continued to 12 the Central Park West plaza. flock to the Museum to enjoy the Mummies, Our Senses, and Unseen Oceans exhibitions. Our second big event in fall 2017 was the REPORT OF THE The Gottesman Hall of Planet Earth received CHIEF FINANCIAL announcement of the complete renovation important updates, including a magnificent OFFICER of the long-beloved Gems and Minerals new Climate Change interactive wall. And 14 Halls. The newly named Allison and Roberto farther afield, in Columbus, Ohio, COSI Mignone Halls of Gems and Minerals will opened the new AMNH Dinosaur Gallery, the FINANCIAL showcase the Museum’s dazzling collections first Museum gallery outside of New York STATEMENTS and present the science of our Earth in new City, in an important new partnership. 16 and exciting ways. The Halls will also provide an important physical link to the Gilder All of this is testament to the public’s hunger BOARD OF Center for Science, Education, and Innovation for the kind of science and education the TRUSTEES when that new facility is completed, vastly Museum does, and the critical importance of 18 improving circulation and creating a more the Museum’s role as a trusted guide to the coherent and enjoyable experience, both science-based issues of our time.
[Show full text]
In the Court of Chancery of the State of Delaware
EFiled: Jun 10 2011 6:15PM EDT Transaction ID 38082821 Case No. 6285-VCN IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE ) In re NEWS CORPORATION ) Consolidated SHAREHOLDER DERIVATIVE ) C.A. No. 6285-VCN LITIGATION ) OPENING BRIEF IN SUPPORT OF DEFENDANTS K. RUPERT MURDOCH, JAMES MURDOCH, LACHLAN MURDOCH, CHASE CAREY, DAVID DEVOE, JOEL KLEIN, ARTHUR SISKIND, JOSE MARIA AZNAR, NATALIE BANCROFT, KENNETH COWLEY, VIET DINH AND JOHN THORNTON’S MOTION TO DISMISS SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP One Rodney Square P.O. Box 636 Wilmington, Delaware 19899-0636 Tel.: (302) 651-3000 Fax: (302) 651-3001 Attorneys for Defendants K. Rupert Murdoch, James Murdoch, Lachlan Murdoch, Chase Carey, David DeVoe, Joel Klein, Arthur Siskind, Jose Maria Aznar, Natalie Bancroft, Kenneth Cowley, Viet Dinh and John Thornton Dated: June 10, 2011 TABLE OF CONTENTS TABLE OF CASES AND AUTHORITIES...................................................................... iii PRELIMINARY STATEMENT .........................................................................................1 STATEMENT OF FACTS ..................................................................................................3 A. The Parties...................................................................................................3 B. The Shine Transaction. ................................................................................4 C. The Allegations In The Amended Complaint..............................................5 ARGUMENT.......................................................................................................................7
[Show full text]
Rupert Murdoch and the Imperial Disease
Click here for Full Issue of EIR Volume 30, Number 23, June 13, 2003 Murdoch, in February 2003, to put up a new audit chairman, while keeping Shuman on the board and in place managing the investments on behalf of Allen & Co. Rupert Murdoch and In the mid-1990s, apparently by arrangement with the Democratic Party’s then-ﬁnance chairman Terry McAuliffe, Murdoch and Shuman contributed around $100,000 to the The Imperial Disease Democratic Party, and got President Bill Clinton to appoint by Anton Chaitkin Shuman to the President’s Foreign Intelligence Advisory Board. Murdoch and Shuman’s media empire then crusaded for Clinton’s impeachment! (McAuliffe is now Democratic Rupert Murdoch, central ﬁgure in the scandal over the Federal National Chairman, and a stooge for the pro-war faction.) Communications Commission (FCC), wields a $42 billion London Times columnist Irwin Stelzer is Murdoch’s lead- electronic and print media empire, a political agency as much ing strategic advisor and go-between to the British govern- as a commercial enterprise. He has grabbed control over ment. After Murdoch switched from backing the Tories to world-wide access to public information, even while losing sponsoring “New Labour” leader Tony Blair, Stelzer began billions of dollars over the past two years. meeting several times a month with Blair—to tell Blair how Murdoch is indeed the diseased heart of the “new Roman to behave, in order to continue in the good graces of the rightist Empire” faction, bringing a 24-hour circus of sports, pornog- cabal running Washington. Blair knew Murdoch would treat raphy, and race-baiting to hundreds of millions of households him well.
[Show full text]
In 2005, Lachlan Murdoch Walked Away from a Worldwide Media Empire That Could Have Been His. Now, After Nearly a Decade of Exile
HEIR FORCE ONE HANDS ON After nearly nine years of pursuing his own life in Australia, Lachlan AKELA/CORBIS; AKELA/CORBIS; M Murdoch—shown here In 2005, Lachlan Murdoch walked away from a worldwide media during News Corp.’s ARK ARK stressful summer of empire that could have been his. Now, after nearly a decade of M 2011—may finally be ready to take the reins. exile, power struggles, and near-catastrophic scandals, the firstborn Opposite: A protester sets fire to a copy of son of Rupert is on the verge of claiming the News Corp. throne. the now-defunct News FROM LEFT: © © LEFT: FROM WINNING/REUTERS ANDREW of the World, 2011. By MICHAEL WOLFF 152 | TOWNANDCOUNTRYMAG.COM avowals of love, always as though no one else were in the room. The Mur- dochs were the Murdochs to the exclusion of everyone else. They shared FATHER AND SON, not only billions of dollars, a global power base, and a sense of utmost LOCKED in A WAR OF WillS destiny, but a failure to separate in any modern family way. They lived in a bubble—continents apart but tying up their yachts together at conve- AND EGO AND PriDE, nient moments as often as many other families get together for dinner. This was the political reality lived by such people as then News HAVE SUffERED GREATLY Corp. COO Peter Chernin, Fox News head Roger Ailes, and Fox in THE STANDOff. broadcasting chief Chase Carey (now president and COO of 21st Century Fox). These professional managers had been key players in transforming News Corp.
[Show full text]
An Open Letter to Fox Corporation Chairman Rupert Murdoch and Fox
An OpenLetter toCorporation Fox Chairman Rupert Murdoch and FoxCorporation CEO Lach/an Murdoch Americans consistentlyrate the Fox News Channel as one of the most trustedTV channels. The average age ofFox News viewers is 65. It is well establishedthat this p-0pulationincurs the greatest risk fromthe COVID-19 pandemic. In other words, Fox News viewers are at specialrisk fromthe coronavirus. But viewers ofFox News, including the president of the United States,have been regularly subjected tomisinformation relayed by the network-false statements downplaying the prevalence ofCOVID-19and its harms; misleading recommendationsof activitiesthat people should undertake to protectthemselves and others, including casual recommendationsof untested drugs; false assessmentsof thevalue of measures urgedupon the public by theirelected p-0liticalleadership and public health authorities. The misinformationthat reachesthe Fox News audience is a danger to public health.Indeed, it is not anoverstatement to say that your misreporting endangers your own viewers-and not only them, for in a pandemic, individual behavior affects significantnumbers of other people as well. Yet by commissionas well asomissio · eel, uncontestedmisinformation as well as failure to rep-0rtthe true dimensions of the crisis-Fox News has beenderelict in its duty to provide clear and accurate informationabout COVID-19.As the virus spreadacross the world, Fox News hostsand guests · · ized the dangers, accusing Democratsand themedia of inflating the dangers (in SeanHannity's words) to "bludgeon
[Show full text]
It Failure and the Collapse of One.Tel
IT FAILURE AND THE COLLAPSE OF ONE.TEL David Avison and David Wilson ESSEC Business School, Cergy-Pontoise, France and University of Technology, Sydney, Australia Abstract: There are a number of cases about IS failure. However, few suggest that the IS failure led to the downfall of the business. This paper examines the information technology strategies employed by the high-profile Australian telecommunications company One. Tel Limited and assesses the extent to which a failure of those strategies may have contributed to, or precipitated, One.Tel's downfall. With increased reliance on technology in business and its sophistication, potentially catastrophic failures may be more common in the future One. Tel was founded in 1995 as an Australian telecommunication company and ceased trading in 2001. In the middle of 1999, the focus of the company changed towards the building of a global business, geared to the delivery of media content. We argue that the IT strategies operating within One. Tel were not adapted to meet the rapid growth that ensued. Further, we suggest that the information technology approaches that had served adequately in the early years were not appropriate for its later ambitions. Most importantly, we discuss the failure of its billing system in relation to published frameworks of IT failure as well as the importance of getting such basic systems right. We argue that these frameworks do not cover well the One. Tel case and we put forward a new category ofIT failure, that of 'business ethos' Key words: IS failure, One. Tel, IS strategy, Business ethos, Case study 1.
[Show full text]
News Corporation 1 News Corporation
News Corporation 1 News Corporation News Corporation Type Public [1] [2] [3] [4] Traded as ASX: NWS ASX: NWSLV NASDAQ: NWS NASDAQ: NWSA Industry Media conglomerate [5] [6] Founded Adelaide, Australia (1979) Founder(s) Rupert Murdoch Headquarters 1211 Avenue of the Americas New York City, New York 10036 U.S Area served Worldwide Key people Rupert Murdoch (Chairman & CEO) Chase Carey (President & COO) Products Films, Television, Cable Programming, Satellite Television, Magazines, Newspapers, Books, Sporting Events, Websites [7] Revenue US$ 32.778 billion (2010) [7] Operating income US$ 3.703 billion (2010) [7] Net income US$ 2.539 billion (2010) [7] Total assets US$ 54.384 billion (2010) [7] Total equity US$ 25.113 billion (2010) [8] Employees 51,000 (2010) Subsidiaries List of acquisitions [9] Website www.newscorp.com News Corporation 2 News Corporation (NASDAQ: NWS [3], NASDAQ: NWSA [4], ASX: NWS [1], ASX: NWSLV [2]), often abbreviated to News Corp., is the world's third-largest media conglomerate (behind The Walt Disney Company and Time Warner) as of 2008, and the world's third largest in entertainment as of 2009.[10] [11] [12] [13] The company's Chairman & Chief Executive Officer is Rupert Murdoch. News Corporation is a publicly traded company listed on the NASDAQ, with secondary listings on the Australian Securities Exchange. Formerly incorporated in South Australia, the company was re-incorporated under Delaware General Corporation Law after a majority of shareholders approved the move on November 12, 2004. At present, News Corporation is headquartered at 1211 Avenue of the Americas (Sixth Ave.), in New York City, in the newer 1960s-1970s corridor of the Rockefeller Center complex.
[Show full text]