Rupert Murdoch stepping down as chair of Fox and News Corp

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Rupert Murdoch stepping down as chair of Fox and News Corp
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Lachlan Murdoch, Murdoch’s eldest son, now seems to be his successor after seven-decade run as controversial media mogul

Rupert Murdoch is stepping down as chair of Fox and News Corp – ending a seven-decade run as one of the world’s most transformative and controversial media moguls.in the Murdoch-controlled Wall Street Journal, he wrote: “For my entire professional life, I have been engaged daily with news and ideas, and that will not change. But the time is right for me to take on different roles.”Lachlan Murdoch, Murdoch’s eldest son, now seems to be his successor.

“We thank him for his vision, his pioneering spirit, his steadfast determination, and the enduring legacy he leaves to the companies he founded and countless people he has impacted,” he said.to settle a defamation suit brought by voting equipment company Dominion. Dominion charged that Fox had knowingly broadcast false and outlandish allegations that it was involved in a plot to steal the 2020 election.

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