Elisabeth Murdoch has joined the board of UK magazine publisher Future Network.

Murdoch takes up the position of non-executive director, her first post since quitting her father's satellite TV company BSkyB three months ago. The former managing director of Sky Networks joins with immediate effect.

Future Network announced the appointment as it unveiled first half results showing a pre-tax loss of $19.2m. The publisher said magazine and Internet launches had impacted on profits.

The news did not affect share prices at the company, which has a market capitalisation of more than $1.6 billion.