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Rupert Murdoch steps down from boards

Rupert Murdoch's UK operations have been under intense scrutiny over phone hacking revelations.

Story highlights

  • Rupert Murdoch steps down as director from a string of company boards
  • A spokesman calls it "nothing more than a corporate house-cleaning exercise"
  • News Corp. is expected to be divided in coming months

Rupert Murdoch has stepped down from a string of company boards of directors just one month after his embattled News Corporation announced plans to separate publishing interests from its lucrative television and film operations.

The Australian-born media mogul made the move last week, according to a spokesman for News International, a British arm of News Corp.

While Murdoch is expected to remain chairman of both companies, he will be CEO of only the television and film side, further distancing himself from the print business that first brought him fame and fortune.

It's not clear who will be CEO of the publishing company, which would be less than one-third the size of its counterpart.

The News International spokesman on Saturday played down Murdoch's boards resignation, calling it "nothing more than a corporate house-cleaning exercise prior to the company split."

Murdoch grilled on power, influence

    News Corp., a Murdoch-controlled media conglomerate, is expected to be divided in the next 12 months. The split comes after some of its U.K.-based newspapers were thrust to the center of a recent phone-hacking scandal.

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    His British operations have remained under intense scrutiny after revelations of widespread phone hacking, which included celebrities and public officials, by people working for his newspapers.

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    The controversy prompted News Corp. to shut down its venerable British tabloid, News of the World, last year, and preceded a decision to withdraw a multi-billion-dollar bid to take over British Sky Broadcasting.

    The coming split would separate operations like 20th Century Fox film studio, Fox broadcast network and Fox News Channel from the firm's newspapers holdings such as Britain's The Sun, the London Times and the London Sunday Times.

    News Corp.'s American media holdings include The Wall Street Journal, the New York Post and Barron's. Its book publishing assets include such companies as HarperCollins.

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      The hacking scandal

    • Former News of the World editor and Downing Street communications chief Andy Coulson arrives at the phone-hacking trial at the Old Bailey court in London on January 27, 2014.

      Britain's phone-hacking scandal has seen former tabloid editor Andy Coulson move from the newsroom into the full glare of its spotlight.
    • How did phone hacking grow into a scandal that threatened Rupert Murdoch's hold on his global media business? Track all the major events.
    • Caption:LONDON, ENGLAND - DECEMBER 21: Prince William, Duke of Cambridge and Catherine, Duchess of Cambridge attend a reception during a visit to Centrepoint's Camberwell Foyer on December 21, 2011 in London, England. The national charity, Centrepoint, provides housing and support to improve the lives of homeless young people aged 16-25. (Photo by Ben Stansall-WPA Pool/Getty Images)

      The phone hacking trial revealed much about the inner workings of Rupert Murdoch's sex-and-scandal tabloids.
    • Rupert Murdoch (R) his wife Wendi Deng (C) and son Lachlan (L) leave their London home on April 26.

      Media expert Brian Cathcart says Fleet St. has grabbed its megaphone and started bellowing out its usual message: leave us alone.
    • Could the phone-hacking scandal prove to be a blessing in disguise for Murdoch? He claimed to have been "humbled" by the scandal.
    • The Leveson inquiry is a British government-backed inquiry into illegal eavesdropping and bribery by journalists. Read the final report by Lord Leveson.