Current:Home > StocksRupert Murdoch, creator of Fox News, stepping down as head of News Corp. and Fox Corp. -DataFinance
Rupert Murdoch, creator of Fox News, stepping down as head of News Corp. and Fox Corp.
View
Date:2025-04-17 21:08:29
NEW YORK (AP) — Rupert Murdoch, the 92-year-old media magnate who created Fox News, is stepping down as leader of both Fox’s parent company and his News Corp. media holdings.
Fox said in an announcement on Thursday that Murdoch would become chairman emeritus of both companies. His son, Lachlan, will become News Corp. chairman and continue as chief executive officer of Fox Corp.
Lachlan Murdoch said that “we are grateful that he will serve as chairman emeritus and know he will continue to provide valued counsel to both companies.”
veryGood! (492)
Related
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- Legislation to subsidize U.S.-made semiconductor chips heads to Biden's desk
- If You've Never Tried a Liquid Exfoliator, Alpyn Beauty's Newest Launch Will Transform Your Skin
- Ashley Graham Reveals Husband Justin Ervin Got a Vasectomy After Twins' Birth
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Holly Herndon: How AI can transform your voice
- 75 years after India's violent Partition, survivors can cross the border — virtually
- The White House calls for more regulations as cryptocurrencies grow more popular
- Former Danish minister for Greenland discusses Trump's push to acquire island
- Kate Spade 24-Hour Flash Deal: Get This $300 Crossbody Bag for Just $59
Ranking
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- Why Bachelor Nation's Andi Dorfman Says Freezing Her Eggs Kept Her From Settling
- U.S. sending 1,500 active-duty troops to southern border amid migration spike
- Multiple arrests made at anti-monarchy protests ahead of coronation of King Charles III
- Senate begins final push to expand Social Security benefits for millions of people
- Facebook's parent company reports a drop in revenue for the first time ever
- Professional landscapers are reluctant to plug into electric mowers due to cost
- Demi Moore's Video of Bruce Willis' Birthday Celebration Will Warm Your Heart
Recommendation
Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
Zendaya Keeps Tom Holland Close With a Special Jewelry Tribute
My Holy Grail Smashbox Primer Is 50% Off Today Only: Here's Why You Need to Stock Up
Royals from around the world gathered for King Charles III's coronation. Here's who attended.
'We're reborn!' Gazans express joy at returning home to north
King Charles III's net worth — and where his wealth comes from
A former CIA engineer is convicted in a massive theft of secrets released by WikiLeaks
King Charles III's coronation includes no formal roles for Princes Harry or Andrew