Rupert Murdoch steps down as chairman of Fox and News Corp.

What will change at Fox News now that Rupert Murdoch is stepping down?

Rupert Murdoch announced Thursday he’s stepping down as chairman of Fox and News Corporation, closing the chapter on his lengthy 70-year career.

How Fox News Could Change Now That Rupert Murdoch Is Stepping Aside

The Australian media mogul has passed the torch to his eldest son, Lachlan ― but that's unlikely to change the conservative network's trajectory.

Rupert Murdoch steps down as Fox and News Corp. chairman, sending shockwaves through media and politics

New York (CNN) — Rupert Murdoch, the powerful right-wing media mogul who built and oversaw one of the world’s most influential news empires, announced Thursday that he will step down as chairman of his companies, Fox Corporation and News Corporation. “For my entire professional life, I have been engaged daily with news and ideas, and that will not change,” Murdoch, 92, wrote in a memo to employees. “But the time is right for me to take on differ…

Rupert Murdoch is considered one of the most powerful media moguls in the world. The 92-year-old is now handing over his empire to his son Lachlan. But some media experts are skeptical as to whether he can secure the future of his heritage.

Rupert Murdoch’s surprise exit from Fox leaves son Lachlan in line of succession at media empire

Rupert Murdoch is stepping down as leader of both Fox’s parent company and his News Corp. media holdings. Fox says he will become chairman emeritus of both corporations. His son, Lachlan, will control both companies. The 92-year-old Australian media magnate’s creation of Fox News made him a force in American politics. He built his empire from a single newspaper in Australia. He moved on to England and then to the United States with the invention

Rupert Murdoch’s surprise exit from Fox leaves son Lachlan in line of succession at media empire

NEW YORK — Magnate Rupert Murdoch’s surprise announcement Thursday that he’s stepping down as leader of his two companies leaves his son Lachlan firmly in line of succession at Fox and the rest of the media empire.