Rupert Murdoch , to Step Down As Head of, Fox Corp and News Corp.
According to a news release,
Murdoch will become chairman
emeritus of both corporations.
For my entire professional life,
I have been engaged daily with
news and ideas, and that will
not change.
But the time is right
for me to take on different roles, Rupert Murdoch, news release, via NBC.
In my new role, I can guarantee
you that I will be involved every
day in the contest of ideas, Rupert Murdoch, news release, via NBC.
Murdoch's older son, Lachlan, will be named the sole chairman of both companies, NBC News reports.
I congratulate my father on
his remarkable 70-year career, Lachlan Murdoch, statement, via NBC.
We thank him for his vision,
his pioneering spirit, his steadfast
determination, and the enduring
legacy he leaves to the companies
he founded and countless
people he has impacted, Lachlan Murdoch, statement, via NBC.
NBC reports that Murdoch transformed a
small Australian newspaper business into a
massive international media empire, which
includes a movie studio and television network.
In 1996, Murdoch founded Fox News, a 24/7
network meant to compete with CNN, which has
emerged as a pillar of modern conservative media.
In April, Fox Corporation and Fox News avoided a
high-profile trial with a $787.5 million settlement for
promoting conspiracy theories regarding the 2020 election.
.
In April, Fox Corporation and Fox News avoided a
high-profile trial with a $787.5 million settlement for
promoting conspiracy theories regarding the 2020 election.
'The White Lotus' season three star Aimee Lou Wood said 'SNL' has apologized for what she called a "mean and unfunny" parody of her over the weekend. In a pre-taped sketch dubbed "The White POTUS," the NBC series spoofed Mike White's hit HBO series, swapping characters from the Thailand-set third season with President Donald Trump, his family and members of his cabinet.
Credit: The Hollywood Reporter Duration: 01:58Published
'Saturday Night Live' has something to say about Morgan Wallen's abrupt exit from the NBC sketch show over the weekend. Wallen performed two songs on Saturday night's show from his upcoming album, I'm the Problem, including the title track and "Just in Case." During the closing credits, Wallen was seen standing next to guest host Mikey Madison. After Madison gave her outro Wallen then gave her a hug, said something in her ear and abruptly walked off the stage.
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Donald Trump has expressed anger over Russian President Vladimir Putin's comments on Ukraine. In a fiery NBC interview, Trump threatened to impose secondary tariffs on Russian oil if Russia is blamed for a failed ceasefire. The proposed 25% tariffs would impact countries buying Russian oil. Trump's remarks have stirred reactions globally as the Ukraine war rages on. He also hinted at potential military action against Iran over nuclear disputes.
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MSNBC’s Lawrence O’Donnell analyzes the news that Rupert Murdoch will be stepping down as Chairman of News Corp. and Fox giving the media empire to his eldest son, Lachlan. O’Donnell also shares..