Rupert Murdoch Steps Down as Fox News Chairman, Lachlan Murdoch Takes Over as Network Faces Lawsuits Over Election Claims

Rupert Murdoch announced he is stepping down as chairman of Fox and News Corp. His son Lachlan will become sole chairman.
Rupert Murdoch founded Fox News in 1996 as a competitor to CNN. It became the #1 cable news network.
Fox News promoted election lies by Trump after 2020 election. Faces lawsuits related to election claims.
It's unclear if Fox's direction will change under Lachlan Murdoch.
Lachlan Murdoch has privately criticized Trump, saying another run would be bad for the country.

cnn.com

Relevant topic timeline:

9/21/2023

Rupert Murdoch's Retirement Seen as Trial Balloon to Boost Son Lachlan's Status as Heir to Media Empire

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.

9/22/2023

Lachlan Murdoch Takes Over Family Empire, But Future Uncertain as Siblings and Lawsuits Loom

Lachlan Murdoch has officially assumed sole chairmanship of Fox and News Corp, but questions remain regarding the future of the companies as other family members possess the power to potentially out-vote him and make decisions such as selling Fox or putting the company up for auction.

9/23/2023

Lachlan Murdoch to Take Control of Fox in November, Seen as Ideologically Aligned with Father Rupert

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.

9/23/2023

Lachlan Murdoch to Take Over as News Corp Chair From Father Rupert After Rocky Past With Company

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.

9/25/2023

Rupert Murdoch's Rollercoaster Ride in Tech: From MySpace to Phone Hacking Scandals, Battles with Tech Giants, and Climate Contradictions

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.

9/26/2023

MAGA Media Outlets Seek to Overtake Fox News With More Extreme Pro-Trump Lies

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.

9/27/2023

Lachlan Murdoch Steps Into Father Rupert's Shoes as Dealmaker, But Path Forward Unclear for Fox and News Corp

Rupert Murdoch's departure from the boards of Fox and News Corp raises questions about whether his son, Lachlan, will continue his father's dealmaking legacy or maintain the current status quo, with the possibility of smaller, incremental deals rather than major strategic changes in the near term. However, there is speculation that Lachlan may consider a merger between Fox and News Corp to reinforce his leadership and that wealthy Republicans could show interest in acquiring Murdoch's media assets, including Fox News, which could potentially have significant political implications.

Topics

Posted 9/21/2023, 1:40:00 PM

Rupert Murdoch Steps Down as Fox News Chairman, Lachlan Murdoch Takes Over as Network Faces Lawsuits Over Election Claims

Rupert Murdoch announced he is stepping down as chairman of Fox and News Corp. His son Lachlan will become sole chairman.
Rupert Murdoch founded Fox News in 1996 as a competitor to CNN. It became the #1 cable news network.
Fox News promoted election lies by Trump after 2020 election. Faces lawsuits related to election claims.
It's unclear if Fox's direction will change under Lachlan Murdoch.
Lachlan Murdoch has privately criticized Trump, saying another run would be bad for the country.

cnn.com

Relevant topic timeline:

9/21/2023

Rupert Murdoch's Retirement Seen as Trial Balloon to Boost Son Lachlan's Status as Heir to Media Empire

9/22/2023

Lachlan Murdoch Takes Over Family Empire, But Future Uncertain as Siblings and Lawsuits Loom

9/23/2023

Lachlan Murdoch to Take Control of Fox in November, Seen as Ideologically Aligned with Father Rupert

9/23/2023

Lachlan Murdoch to Take Over as News Corp Chair From Father Rupert After Rocky Past With Company

9/25/2023

Rupert Murdoch's Rollercoaster Ride in Tech: From MySpace to Phone Hacking Scandals, Battles with Tech Giants, and Climate Contradictions

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.

9/26/2023

MAGA Media Outlets Seek to Overtake Fox News With More Extreme Pro-Trump Lies

9/27/2023

Lachlan Murdoch Steps Into Father Rupert's Shoes as Dealmaker, But Path Forward Unclear for Fox and News Corp