Current:Home > StocksRupert Murdoch, creator of Fox News, stepping down as head of News Corp. and Fox Corp. -FundTrack
Rupert Murdoch, creator of Fox News, stepping down as head of News Corp. and Fox Corp.
View
Date:2025-04-12 11:55:23
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! (5)
Related
- Federal hiring is about to get the Trump treatment
- Taylor Swift's Eras Tour concert film opening same day as latest Exorcist movie
- Restaurants open Labor Day 2023: See Starbucks, McDonald's, Chick-fil-A, Taco Bell hours
- Driver in fatal shooting of Washington deputy gets 27 years
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- A Michigan cop pulled over a reckless driver and ended up saving a choking baby
- North Korea says latest missile tests simulated scorched earth nuclear strikes on South Korea
- Travis Kelce pleads to Chris Jones as Chiefs await contract holdout: 'We need you bad'
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Nebraska man pulled over for having giant bull named Howdy Doody riding shotgun in his car
Ranking
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- Woman charged in murder-for-hire plot to kill husband
- As Hurricane Idalia caused flooding, some electric vehicles exposed to saltwater caught fire
- LED lights are erasing our view of the stars — and it's getting worse
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- Sabotage damages monument to frontiersman ‘Kit’ Carson, who led campaigns against Native Americans
- For at least a day, all the world is ‘Margaritaville’ in homage to Jimmy Buffett
- NYPD to use drones to monitor backyard parties this weekend, spurring privacy concerns
Recommendation
Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
'I never win': College student cashes in on half a million dollars playing Virginia scratch-off game
Lawmaker who owns casino resigns from gambling study commission amid criminal investigation
Why Wisconsin Republicans are talking about impeaching a new state Supreme Court justice
North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
Is this the last season of normal college football? | USA TODAY 5 Things podcast
More than a meal: Restaurant-based programs feed seniors’ social lives
840,000 Afghans who’ve applied for key US resettlement program still in Afghanistan, report says