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, 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."
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, 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.
Rupert Murdoch's media empire is seen as a destructive force due to the spread of disinformation and the erosion of trust in facts, but with his departure as chairman, the future of the empire is uncertain.
