Rupert Murdoch stepping down as News Corp chair
From the Dominion Voting Systems defamation lawsuit settlement to Tucker Carlson's departure, 2023 has been a tumultuous year for Fox News. And on Thursday, September 21 came another Fox News-related bombshell: Rupert Murdoch, according to the Murdoch-owned Wall Street Journal, is stepping down as chairman of News Corp.
The 92-year-old Murdoch announced that his oldest son, Lachlan Murdoch, will become News Corp's sole chair.
In his official announcement, Rupert Murdoch said, "Our companies are in robust health, as am I. Our opportunities far exceed our commercial challenges. We have every reason to be optimistic about the coming years."
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Rupert Murdoch announced that he will hold the title "chairman emeritus" at News Corp.
"In my new role," he announced, "I can guarantee you that I will be involved every day in the contest of ideas."
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