Rupert Murdoch is stepping down (sort of)
The tycoon handed the baton to his son Lachlan at this week’s News Corp and Fox shareholder meetings, but will remain actively involved in the company
The tycoon handed the baton to his son Lachlan at this week’s News Corp and Fox shareholder meetings, but will remain actively involved in the company
News Corp and Fox, while smaller than competitors, have diversified and hold valuable assets
Journalists and politicians in the U.K. both hailed and reviled the 92-year-old mogul after he announced Thursday that he was stepping down as leader of his companies Fox and News Corp., handing control to his son Lachlan
With a growing number of digital media sources available, right-leaning audiences have plenty of options for getting news, opinion and entertainment
His son, Lachlan, will control both Fox and News Corp., while the 92-year-old media magnate will become chairman emeritus of both companies, effective at board meetings in November
They are among the names submitted this week as potential witnesses by Fox and Dominion Voting Systems, although it doesn’t guarantee that they will appear in court
The revelations have bolstered critics who say Fox News Channel should be considered a propaganda network rather than a news outlet
‘The election was not stolen,’ he said in sworn questioning in January by lawyers for Dominion Voting Systems
Dominion said some Fox News employees deliberately amplified false claims that Dominion had changed votes in the 2020 election
The company, which sells electronic voting hardware and software, must prove by a preponderance of the evidence that the defendants acted with actual malice or reckless disregard for the truth