May 2, 2024

Succession: Rupert Murdoch Stepping Down, Hands Fox and News Corp. to Son Lachlan

Axelle/Bauer-Griffin/FilmMagic via Getty Images Australian-born media titan Rupert Murdoch is stepping down as chairman of the board of both Fox Corp. and News Corp. the company said on Thursday. The move will be official in November, CNBC reports, thus bringing to an end a media journey that began in 1952 when Murdoch took over the running of The

Source: