Rupert Murdoch Steps Down at Fox, News Corp

Rupert Murdoch Steps Down at Fox, News Corp

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Rupert Murdoch, at 92, is stepping down as chairman of Fox and News Corp, passing leadership to his son Lachlan Murdoch. Lachlan will become the sole chairman of News Corp and continue as Executive Chair and CEO of Fox. In a statement, Lachlan praised his father's 70-year career in building a global media empire. The stock market showed little change following the announcement. Meanwhile, Hollywood is seeing slight stock increases as the Writers Guild and studios continue negotiations, possibly nearing a resolution.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is stepping down as chairman from Fox and News Corp?

Lachlan Murdoch

Rupert Murdoch

Matt

Katie Greifell

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What position will Lachlan Murdoch hold at News Corp?

Vice President

Sole Chairman

Chief Operating Officer

Chief Financial Officer

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did Lachlan Murdoch describe his father's career?

An average career

A challenging path

A remarkable 70-year career

A short-lived journey

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current state of Warner Brothers Discovery and Paramount shares?

Unchanged

Slightly higher

Significantly lower

Dramatically higher

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is happening in Hollywood that is affecting the media industry?

A new streaming service launch

A new movie release

A major festival

Writer and actor strikes