James Murdoch Resigns From Newscorp (FoxNews), 3162
Good evening, I’m still reporting on the coup.
According to the Daily Caller, James Murdoch, has resigned from the News Corp board of directors due to:
“… disagreements over certain editorial content” published by Fox News or other outlets the company owns.
Murdoch and his brother, Lachlan headed up the Fox empire of their father, Rupert Murdoch, when the elder Murdoch announced he was stepping away.
Commenters on this channel complained that this was the doom of the last conservative major TV network in the U.S. I disagreed, arguing that the Murdochs were good businessmen and gutting FoxNews would be vacating a tremendous business advantage. Plus, there was no way that the father would let their sons destroy his most profitable property.
That has proven correct. Lachen Murdoch, the elder son, Deputy Chief Operating Officer at the News Corporation and publisher of the New York Post, resigned both job in 2005. This left younger brother, James, the last Murdoch with an official position in the company.
James has been spotted fundraising for Jumpin’ Joe Biden last month. He known to be opposed to the position of most of the FoxNews headliners who he called “climate-change deniers”.
James has been reported to be eyeing putting up to $1 billion into left-leaning media outlets.
Interestingly, the father, Rupert Murdoch, initially said he was stepping away from NewsCorp entirely, but behind the scenes, perhaps not trusting his sons’ leftist tendencies, retained the title of Executive Chairman, and this is no doubt why Fox did not restrain it’s deep talent pool of conservative reporters and hosts.
This also bodes well for helping President Trump retain the White House and increase his leads in the House and Senate.
Good health to you Rupert and long life.
I’m still reporting from just outside the citadel of American freedom. Good day.
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