Rupert Murdoch is leaving FOX

Rupert Murdoch, chairman of Fox Corporation and Fox News, announced his departure in a memo to his employees.

Media mogul Rupert Murdoch announces he will step down as chairman of Fox Corporation and Fox News https://t.co/pOLyfFMOMV

— CNN (@CNN) September 21, 2023

“[…] the time is right for me to take on different roles, knowing that we have truly talented teams.”

Murdoch’s son, Lachlan Murdoch, will take over as president of Fox Corporation and Fox News.

Lachlan Murdoch, born on September 8, 1971, is Murdoch’s eldest son. Lachlan has been co-chairman and CEO of Fox Corporation since March 2019, and will in turn continue the Murdoch family’s media legacy.

Rupert Murdoch, a media and business magnate, has had a significant influence on the global media landscape. Born on March 11, 1931 in Melbourne, Australia, he is best known for his extensive media holdings through his company News Corporation (now known as Fox Corporation) and his subsidiary 21st Century Fox (now part of The Walt Disney Company).

Murdoch’s media empire over the years includes newspapers such as The Sun and The Times in the UK, as well as The Wall Street Journal and The New York Post in the USA. He also owns numerous television networks, including Fox News, Fox Sports and Fox Broadcasting Company.

Rupert Murdoch announces transition to new role of Chairman Emeritus of Fox Corporation and News Corp.https://t.co/tIrbwtUo60

— Fox News (@FoxNews) September 21, 2023

Throughout his career, Murdoch has been a controversial figure due to his influence on the media and politics. His conservative-leaning media have shaped public opinion on a variety of issues. He has been criticized for his controversial editorial decisions and business practices.

His impact on the media industry is undeniable, as one of the most powerful and influential figures in the world of media and entertainment.