Posted on 09/21/2023 6:34:32 AM PDT by JSM_Liberty
Rupert Murdoch is stepping down as chairman of the board of both Fox Corp. and News Corp., the companies said on Thursday.
The move will be official in November. Murdoch, 92, will be appointed chairman emeritus of each company. Lachlan Murdoch, one of his sons, will become sole chairman of News Corp and will continue as Fox Corp.’s executive chair and CEO.
“Our companies are in robust health, as am I,” the elder Murdoch said in a note to employees. “We have every reason to be optimistic about the coming years – I certainly am, and plan to be here to participate in them. But the battle for the freedom of speech and, ultimately, the freedom of thought, has never been more intense.”
Murdoch is stepping away from the boards after a tumultuous year at Fox’s TV network, soon after the company agreed to pay a $787.5 million settlement in the Dominion Voting Systems’ defamation lawsuit over false claims that the company’s machines swayed the 2020 election between President Joe Biden and Donald Trump.
Fox News also saw top talent Tucker Carlson exit earlier this year, followed by a dip in ratings for a period before he was replaced.
His move also comes a year ahead of the upcoming presidential election in the U.S. News Corp. owns newspaper The Wall Street Journal, among other publications, while Fox is the parent company of right-leaning TV networks Fox News and Fox Business.
“For my entire professional life, I have been engaged daily with news and ideas, and that will not change,” Murdoch said in his note to employees, adding it was time for him to take on different roles.
When Roger passed Fox went to sh!t.
And now it will become even more woke. cnn 2.0
I gave up on FOX a long while ago when they screwed us in elections. After they dumped Tucker, they were totally dead to me.
Fox is like many family owned businesses. The founder built something great but inevitably weakened as he aged. The children of the founder take the reins, sadly ( and certainly in the case of Fox), the children are talentless, pampered and destructively incompetent. The company decays and flonders.
“Ryan’s Rag”
Fox News jumps from the frying pan into the fire.
Keep sizzlin’ Lachlan!
Fox died years ago, only fools bother with fox news now.
They are the embodiment of managed opposition.
Fox has lost half of its audience....but you’re in “robust health”. Riiiiiiight.
The small audience they have left (they are regularly being beaten by MSDNC and even CNN now) are old and won’t be around that much longer. Those under 50 abandoned them in droves.
No FOX for a long, long time.... not missed at all
>>>I gave up on FOX a long while ago when they screwed us in elections. After they dumped Tucker, they were totally dead to me.
That’s exactly why I left too! Thanks.
OK, FOX is not what they were - and not what they should be -- but they're still a million times better than CNN or MSNBC or ABC, NBC and CBS.
OK, FOX is not what they were - and not what they should be -- but they're still a million times better than CNN or MSNBC or ABC, NBC and CBS.
No more blond bimbos - hire based on intellect, merit, and on-air talent.
Hire a conservative night news anchor. "Balance' is not when all 'night news anchors' on all channels are democrats.
Move Bret to his own democrat 'opinion show' at 11PM Sunday, Monday and Tuesday and bring Tucker back for 11 PM Wed, Thurs, and Friday... That's punishment enough for Tucker. And enough of a bow to liberals ...
All guests on all shows need to be identified as democrat or Republican by their chyron name being in Blue Or Red. No exceptions. If someone says 'I'm neither - find a more honest guest.
And, remember what your father said - because this is as true as it gets: the battle for the freedom of speech and, ultimately, the freedom of thought, has never been more intense.”
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.