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Rupert Murdoch is working from home after suffering a back injury

  • Rupert Murdoch sustained a back injury while sailing.
  • He informed employees in an email he will be working from home for several weeks, but is on the road to recovery.

Media mogul Rupert Murdoch suffered a painful back injury while on vacation, a source told CNBC

Murdoch sent an e-mail to employees confirming he sustained the injury while sailing. The email said he was on the road to recovery, but will be working from home for several weeks.

Vanity Fair reported that Murdoch had been hospitalized for the injury, which occurred around the New Year's holiday while 86-year-old Murdoch was vacationing in the Caribbean on his son Lachlan's yacht.

Murdoch's injury could hardly come at a more sensitive time. His company, 21st Century Fox is in the midst of a $52.4 billion deal to sell assets to Disney.