Current:Home > StocksRupert Murdoch, creator of Fox News, stepping down as head of News Corp. and Fox Corp. -TradeWise
Rupert Murdoch, creator of Fox News, stepping down as head of News Corp. and Fox Corp.
View
Date:2025-04-19 17:35:24
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! (284)
Related
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- New Jersey Joins Other States in Suing Fossil Fuel Industry, Claiming Links to Climate Change
- A New Shell Plant in Pennsylvania Will Soon Become the State’s Second Largest Emitter of Volatile Organic Chemicals
- Over $200 billion in pandemic business loans appear to be fraudulent, a watchdog says
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Collin Gosselin Speaks Out About Life at Home With Mom Kate Gosselin Before Estrangement
- You may be missing out on Social Security benefits. What to know.
- A New Shell Plant in Pennsylvania Will Soon Become the State’s Second Largest Emitter of Volatile Organic Chemicals
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- Peter Thomas Roth Flash Deal: Get $133 Worth of Skincare for Just $43
Ranking
- Meet first time Grammy nominee Charley Crockett
- Home Workout Brand LIT Method Will Transform the Way You Think About the Gym
- Cities Are a Big Part of the Climate Problem. They Can Also Be a Big Part of the Solution
- Maria Menounos Proudly Shares Photo of Pancreatic Cancer Surgery Scars
- Sam Taylor
- After Two Decades of Controversy, the EPA Uses Its ‘Veto’ Power to Kill the Pebble Mine in Southwest Alaska
- A New Project in Rural Oregon Is Letting Farmers Test Drive Electric Tractors in the Name of Science
- Penelope Disick Gets Sweet 11th Birthday Tributes From Kourtney Kardashian, Scott Disick & Travis Barker
Recommendation
B.A. Parker is learning the banjo
How saving water costs utilities
Harry Styles Reacts to Tennis Star Elina Monfils Giving Up Concert Tickets Amid Wimbledon Run
States Have Proposals, But No Consensus, On Curbing Water Shortages In Colorado River Basin
The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
Live Nation and Ticketmaster tell Biden they're going to show fees up front
Amid the Devastation of Hurricane Ian, a New Study Charts Alarming Flood Risks for U.S. Hospitals
Birmingham honors the Black businessman who quietly backed the Civil Rights Movement