Fox Corporation has been making headlines recently due to a series of significant leadership changes. Rupert Murdoch, the media mogul who founded the company, has stepped down as chairman of both Fox Corporation and News Corporation, paving the way for his son Lachlan Murdoch to take over the reins. Lachlan Murdoch has officially assumed the role of sole chair of News Corp and the executive chair and chief executive of Fox, amidst a backdrop of legal battles and family tensions within the Murdoch dynasty.
Fox Corporation, commonly known as Fox, 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 company operates a range of media assets, including the Fox Broadcasting Company, Fox News Channel, Fox Sports, and various local television stations. With a focus on news, sports, and entertainment programming, Fox Corporation remains a prominent player in the media industry, known for its conservative-leaning news coverage and popular television shows.
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WBD looking for ways to grow newfound streaming business profitability.
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Disney, Fox, and Warner Bros. Discovery announced plans to launch a joint sports streaming platform in the fall, offering live sports content from at least 15 networks and all four major professional sports leagues.
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US media companies have collectively shed some 2,700 positions from their newsrooms, the most since COVID-19 ravaged payrolls in 2020.
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Lachlan Murdoch, CEO of Fox Corp, meets with Ukrainian President Zelenskiy in Kyiv, accompanied by journalists from Fox News and The Sun.
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Lachlan Murdoch officially takes charge of Fox Corporation and News Corp amidst a series of legal battles and family tensions.
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Lachlan Murdoch officially becomes sole chair of News Corp and the executive chair and chief executive of Fox.
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Rupert Murdoch steps down as executive chairman of News Corp and Fox, making way for his son Lachlan.
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Rupert Murdoch steps down as chairman of Fox and News Corp, appointing his 52-year-old son Lachlan as his successor
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Rupert Murdoch's conflicted feelings towards Donald Trump and Fox News are detailed in Michael Wolff's upcoming book.
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Rupert Murdoch, 92, is stepping down as chairman of Fox Corporation and News Corporation, with his son Lachlan set to take over both companies.