Updated On: 22 September, 2023 09:05 AM IST | New York | Agencies
His son, Lachlan, will become News Corp. chairman and continue as chief executive officer of Fox Corp

Lachlan (left) and Rupert Murdoch. File pic/AP
Rupert Murdoch, the 92-year-old Australian media magnate whose creation of Fox News made him a force in American politics, is stepping down as leader of both Fox’s parent company and his News Corp. media holdings.
Fox said Thursday that Murdoch would become chairman emeritus of both companies, effective at board meetings in November. His son, Lachlan, will become News Corp. chairman and continue as chief executive officer of Fox Corp.