The move leaves his son Lachlan as the sole executive in charge of the global media empire.
Category: Murdoch, Rupert
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Fox Sued by New York City Pension Funds Over Election Falsehoods
The funds accuse the Fox Corporation board of neglecting its responsibility to shareholders by leaving the company open to defamation lawsuits.
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Fox’s General Counsel, Viet Dinh, Will Depart
Viet Dinh, Fox’s top lawyer, advised the company through its landmark $787.5 million settlement with Dominion Voting Systems.
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Herbert J. Siegel, Investor in Major Media Deals, Dies at 95
As head of Chris-Craft Industries, he played a role in the Time-Warner merger and sold 10 television stations to Rupert Murdoch.
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Inside Fox’s Legal and Business Debacle
Fox’s handling of the defamation suit brought by Dominion Voting Systems, which settled for $787.5 million, left many unanswered questions.
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Corporate Bankruptcies Are Set to Reach a Decade-Long High
New data shows that 2023 is shaping up to be the biggest year for Chapter 11 filings in more than a decade.
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Fox’s Costs From Defamation Suit Lead to a Quarterly Net Loss
Lachlan Murdoch told investors that Fox News was planning “no change to our programming strategy” despite his decision to take Tucker Carlson off the air.
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On Eve of Trial, Discovery of Carlson Texts Set Off Crisis Atop Fox
Private messages sent by Tucker Carlson that had been redacted in legal filings showed him making highly offensive remarks that went beyond the comments of his prime-time show.
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Tucker Carlson, a Source of Repeated Controversies, Is Out at Fox News
Mr. Carlson has been one of the network’s top-rated hosts for many years.