Murdoch sells News Corp stock

News Corp chairman and chief executive officer Rupert Murdoch sold $10m (£6m) of the company’s Class A shares on 20 November, according to a regulatory filing on Wednesday. The sale of 418,631 Class A shares represent about five per cent of Murdoch and his family’s total Class A shares. Murdoch and his family control News Corp through their ownership of about 40 per cent of Class B voting shares.