Rupert Murdoch, media mogul and founder of News Corp. and Fox Corp., is stepping down as chairman of both companies and will be appointed chairman emeritus, while his son Lachlan Murdoch will become sole chairman of News Corp.
Rupert Murdoch's announcement of his "retirement" and transition to chairman emeritus is likely a strategic move to boost the status of his chosen heir, Lachlan Murdoch, and maintain control of his media empire after his passing.
Rupert Murdoch has been accused of causing "enormous damage to the democratic world" by a former Australian prime minister, who criticizes his media empire for creating division and spreading lies, but acknowledges his significant influence.
Former Australian Prime Minister Malcolm Turnbull blames Rupert Murdoch and his media empire, specifically Fox News, for creating an "anger-tainment ecosystem" that fueled division and contributed to the election of President Donald Trump.
Rupert Murdoch, the 92-year-old media mogul, has left a lasting impact on Australian institutions and media ownership, despite concerns about his influence on the nation's democracy and calls for a Royal Commission, as his retirement draws near.
Former President Donald Trump responded to Rupert Murdoch stepping down as Chairman of the Fox Corporation, downplaying his role in forcing Murdoch's retirement and using the opportunity to criticize Mitch McConnell for giving in to the "Radical Left Lunatics."
Lachlan Murdoch's assumption of control over the Murdoch media empire is not expected to bring significant changes to the conservative-leaning Fox News, as he has been described as just as conservative as his father, Rupert Murdoch.
Rupert Murdoch's influence over leaders in Britain and Australia has been characterized as pernicious and divisive, with critics arguing that he undermined journalistic standards and had a negative impact on British democracy.
Despite the departure of Rupert Murdoch, Fox News is expected to continue amplifying political bias, disinformation, and conservative causes, as its business model remains unchanged and economically successful, according to analysts.
Lachlan Murdoch is set to become the undisputed leader of his father's media empire, News Corp. and Fox Corp., as Rupert Murdoch steps down, but history suggests that things can quickly change within the Murdoch family business.
Rupert Murdoch's retirement leaves behind a destructive legacy, as his media empire played a significant role in the Iraq War, Brexit, and the rise of Donald Trump and his false claims.
Rupert Murdoch, the media mogul behind Fox News, is stepping down, leaving behind a legacy of conservative media and controversial influence on the digital landscape.
The departure of Rupert Murdoch from Fox Corp. and News Corp. has shifted focus to the succession within the Murdoch family, but the bigger story lies in the growing competition from well-funded GOP propaganda outlets that are more extreme, explicitly racist, and favor Trump even more than Fox News viewers, which could threaten Fox News' audience and influence.
