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Murdoch inherited a newspaper in Adelaide, Australia, from his father in 1952 and eventually built a news and entertainment enterprise.
NEW YORK (AP) — Magnate Rupert Murdoch's surprise announcement Thursday that he's stepping down as leader of his two companies leaves his son Lachlan firmly i
Rupert Murdoch, the 92-year-old media magnate who created Fox News, is stepping down as leader of both Fox’s parent company and his News Corp. media holdings.
Magnate Rupert Murdoch’s surprise announcement that he’s stepping down as leader of his two companies leaves his son Lachlan firmly in line of succession at Fox and the rest of the media empire.
By DAVID BAUDER