What's happened
Rupert Murdoch, 92, is stepping down as chairman of Fox Corporation and News Corporation, with his son Lachlan set to take over both companies.
Why it matters
This is significant as it marks the end of an era for one of the world's most influential media moguls and signals a generational shift in the leadership of his media empire.
What the papers say
The New York Times emphasizes Lachlan Murdoch's rise to the top and his alignment with his father's conservative political stance, while The Economist provides a more skeptical view of Rupert Murdoch's retirement, highlighting his continued involvement in the companies. AP News and The Independent offer straightforward reporting on the succession, focusing on the generational shift in leadership.
How we got here
Rupert Murdoch has been a dominant figure in the media industry for decades, building a global media empire that has had a significant impact on politics and public discourse.
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Keith Rupert Murdoch, AC, KCSG is an Australian-born American media mogul who founded News Corp. He is the son of Keith Murdoch, one time senior executive of Australia's Herald & Weekly Times publishing company.
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Lachlan Keith Murdoch is an Australian–British and American businessman and mass media heir. He is the executive chairman of Nova Entertainment, co-chairman of News Corp, executive chairman and CEO of the Fox Corporation, the founder of Australian inves
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The current incarnation of News Corporation, stylized as News Corp, is an American mass media and publishing company focusing on newspapers and publishing, formed in 2013 as a spin-off of the original News Corporation.
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Fox Corporation is an American media company headquartered in Midtown Manhattan, New York City. It was formed as a result of the 2019 acquisition of 21st Century Fox by The Walt Disney Company; the assets that were not acquired by Disney were spun off fro
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The Fox News Channel, abbreviated FNC, commonly known as Fox News, and stylized in all caps, is an American multinational conservative cable news television channel based in New York City.
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James Rupert Jacob Murdoch is a British-American businessman, the younger son of media mogul Rupert Murdoch, and was the chief executive officer of 21st Century Fox from 2015 to 2019.
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Elisabeth Murdoch is an Australian-born British and American media executive based in the United Kingdom. Murdoch is the second daughter of Australian-born American multi-billionaire media proprietor Rupert Murdoch.