Rupert Murdoch has resigned from the boards of the News International Group, The Telegraph is reporting. UK filings show he has stepped down from the NI Group, Times Newspaper Holdings, and News Corp Investments. He has also quit the boards of some U.S. companies.
Newscorp has stated the resignations are "nothing more than a corporate housecleaning" before the company splits into separate publishing and entertainment businesses. Murdoch had previously stated he intends to remain as chairman of both companies. Read more at The Telegraph.