(Bloomberg) News Corp. (NWSA) Chairman and Chief Executive Officer Rupert Murdoch, preparing to split his media empire into entertainment and publishing businesses, resigned as a director from a number of boards, including the company’s News International newspaper division in the U.K.
“Last week, Mr. Murdoch stepped down from a number of boards, many of them small subsidiary boards, both in the U.K. and U.S.,” New York-based News Corp. said in an e-mailed statement yesterday. “This is nothing more than a corporate housecleaning exercise prior to the company split.”
In addition to resigning as a director of News International -- the publisher of the Times, the Sunday Times and the Sun newspapers in the U.K. -- Murdoch left the boards of Newscorp Investments and Times Newspapers Holdings, according to U.K. regulatory filings.
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