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NEW YORK (AP) â Magnate Rupert Murdoch's surprise announcement Thursday 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.
The 92-year-old Australian billionaire's creation of Fox News Channel has made him an enduring force in American politics. He inherited a newspaper in Adelaide, Australia, from his father in 1952 and eventually built a news and entertainment enterprise dominant in the Unite...
>>> Read more: Rupert Murdoch's surprise exit from Fox leaves son Lachlan in line of succession at media empire
The 92-year-old Australian billionaire's creation of Fox News Channel has made him an enduring force in American politics. He inherited a newspaper in Adelaide, Australia, from his father in 1952 and eventually built a news and entertainment enterprise dominant in the Unite...
>>> Read more: Rupert Murdoch's surprise exit from Fox leaves son Lachlan in line of succession at media empire
