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.” If you purchase a product or register for an account through one of the links on our site, we may receive compensation. By browsing this site, we may share your information with our social media partners in accordance with our
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