Just In: Rupert Murdoch Steps Down as Chairman of Fox News and Fox Corporation
On Thursday, Rupert Murdoch, 92, announced he will step down as chairman of Fox Corporation and Fox News.
Murdoch’s career spanned almost 70 years and he will continue as chair emeritus of both organizations.
Fox News shared Murdoch’s letter to colleagues announcing his decision.
“I am writing to let you all know that I have decided to transition to the role of Chairman Emeritus at Fox and News,” Murdoch wrote. “For my entire professional life, I have been engaged daily with news and ideas, and that will not change. But the time is right for me to take on different roles, knowing that we have truly talented teams and a passionate,
