
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
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
A common theme emerging from the internal documents and depositions is that Fox executives and hosts doubted the election claims being peddled by Trump, but aired and emphasized them anyway
‘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 media mogul’s family controls both corporations but had spun off the latter’s properties into a separate company after selling a large part of its entertainment empire to Walt Disney