Media mogul Rupert Murdoch steps down as Fox, News Corp chair after seven-decade stint

[Bilgin]

Media mogul Rupert Murdoch steps down as Fox, News Corp chair after seven-decade stint Rupert Murdoch is stepping down at Fox and News Corp, after over seven decades that revolutionized news and entertainment industry and will now serve as Chairman Emeritus. His eldest son, Lachlan Murdoch, who has served as co-chair of News Corp, will take over as the next chairman of the companies