Sotheby’s put out a press release today announcing that James Murdoch has been nominated as a director of Sotheby’s.

Chairman Michael Sovern is quoted:

“James has impressive experience in several important areas that will be immensely valuable to Sotheby’s” said Mr. Sovern. “His knowledge of Asia and his media perspectives which include his sophisticated understanding of digital media and the Internet are a good fit with Sotheby’s own longer term strategic goals.”