Complex sentence: By June 1995 Murphy resigned his position with INXS to spend more time with his children and focus on rooART, which was sold to BMG by October in the following year.
Split into simpler sentences: By June 1995 Murphy resigned his position with INXS to spend more time with his children. Initially Murphy focussed on rooART, which was sold to BMG by October in the following year.