The move leaves his son Lachlan as the sole executive in charge of the global media empire.
Category: News Corporation
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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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Fox Settles Dominion Lawsuit, but Is Entangled in Other Legal Cases
Cases on libel and a discriminatory work environment are still pending.
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Publishers Worry A.I. Chatbots Will Slash Readership
Many sites get at least half their traffic from search engines. Fuller results generated by new chatbots could mean far fewer visitors.
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Fox’s P.R. Woes May Not Directly Translate to Legal Ones
Some of the unflattering private messages among the network’s hosts and executives may never become evidence when Dominion Voting Systems’ defamation case against Fox News goes to trial.
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Authorities Step Up Their Crypto Crackdown
A string of enforcement actions, the latest involving the multibillion-dollar collapse of Terraform Labs, has put the chill on a recent Bitcoin rally.
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A Short Seller, Hindenburg Research, Bets Against Adani Group
Hindenburg Research accused the Adani Group of orchestrating the “largest con in corporate history,” sending shares of its companies tumbling on Wednesday.
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Murdoch No Longer Wants to Combine His Media Empire
News Corp, one of his companies, said Rupert Murdoch had determined that a merger was “not optimal for shareholders of News Corp and Fox at this time.”
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Wall Street Journal Names a New Editor
News Corp said that Emma Tucker, a longtime editor in London, would replace Matthew Murray, who has led the news organization for four years.
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T. Rowe Price Raises Concerns About News Corp’s Merger With Fox
T. Rowe Price, the largest owner of News Corp after the Murdoch family, says the deal risks undervaluing News Corp.
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News Corp Investors Raise Concerns About Proposed Merger With Fox
Concerned that a merger would undervalue News Corp, investors are asking a special committee of independent board members to look more skeptically at the proposal.
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New York Post Takes Aim at Trump, and Hits a Nerve
The paper’s increasingly harsh coverage has gotten the news media and political worlds talking about whether the Murdoch media empire has broken permanently from the former president.