JOURNAL ARTICLE

Rupert Murdoch is retiring as chairman of Fox and News Corp. at 92 years old.

  • Published In: Fortune.com, 2023. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Morris, Chris 3 of 3

Abstract

The article focuses on Rupert Murdoch's announcement of his retirement as chairman of Fox Corp. and News Corp., effective mid-November, after a nearly 70-year career in media. His son, Lachlan Murdoch, will assume the role of sole chair of News Corp. and continue as executive chair and CEO of Fox Corporation. Rupert Murdoch will take on the title of chairman emeritus and emphasized the importance of fighting against "self-serving bureaucracies" and "elites" in his farewell note. The article also highlights Murdoch's significant influence on media and politics, particularly through Fox News, and discusses the recent controversies surrounding the network, including a substantial settlement in a defamation lawsuit. [Extracted from the article]

Additional Information

  • Source:Fortune.com. 2023/09, pN.PAG
  • Document Type:Article
  • Subject Area:History
  • Publication Date:2023
  • Accession Number:172300009
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