Conservative media titan Rupert Murdoch to step down as chairman of Fox Corp. and News Corp.

📆 2023/09/22 1:42:00

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📆 2023/09/22 1:42:00
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He will become chairman emeritus of the two corporations, the company said in a news release.

Rupert Murdoch, the Australian press baron who reshaped conservative media in his image, plans to step down as chairman of Fox Corporation and News Corporation.. Murdoch’s older son, Lachlan, will become the sole chairman of both firms.

“In my new role, I can guarantee you that I will be involved every day in the contest of ideas,” he later added. The media titan’s most lasting legacy will almost certainly be Fox News, the 24/7 network he founded in 1996 as a competitor to CNN. The channel cultivated a devoted audience in the decades to come, establishing itself as a pillar of the modern conservative movement.

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Rupert Murdoch Stepping Down As Chairman Of News Corp., Fox; Lachlan Murdoch Sole Chair Of BothRupert Murdoch is stepping dpwn as chairman of the board of Fox and News Corp. in November, the companies said today. He will be appointed Chairman Emeritus of each company. Following the annual sh…
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Rupert Murdoch, creator of Fox News, stepping down as head of News Corp. and Fox Corp.Media magnate Rupert Murdoch is stepping down as chairman of News Corp. and Fox Corp., the companies that he built into forces over the last 50 years.
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