December 4, 2023
R

upert Murdoch’s resolution to step down as chairman of Fox and Information Corp to get replaced by his son Lachlan was met with shock, with insiders saying: “We by no means thought he’d do it”.

In a memo to staff, the 92-year-old mentioned “the time is true” for him to tackle “completely different roles” as he ended a seven-decade profession throughout which he created a media empire spanning from the UK to Australia to the US.

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