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Rupert Murdoch steps down from News Corp and Fox, Lachlan ascends

Mark Di Stefano
Mark Di StefanoColumnist
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Rupert Murdoch has stepped down from his top roles overseeing his sprawling media empire, to make way for his chosen successor, first son Lachlan Murdoch.

Mr Murdoch, 92, made the announcement late on Thursday night, releasing a statement that said he was in “robust health” but that “the time is right” for him to leave his role as chairman of News Corp and Fox Entertainment.

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Bloomberg, Reuters and AP

Mark Di Stefano is Rear Window columnist, based in the Sydney newsroom. He previously worked at BuzzFeed, the Financial Times and The Information before joining the Financial Review as a media and tech correspondent. Connect with Mark on Twitter. Email Mark at mark.distefano@afr.com
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    Original URL: https://www.afr.com/companies/media-and-marketing/rupert-murdoch-retires-from-fox-and-news-corp-lachlan-ascends-20230921-p5e6p1