Lachlan Murdoch has been involved in the family business since he was a teenager. He served as CEO of Fox from 2015 to 2020 and has been chairman of News Corp since 2019. He is seen as a more moderate conservative than his father.
In a statement, Lachlan Murdoch said that he was ” honored to succeed my father as chairman of Fox News and News Corp.” He said that he was committed to ” upholding the values and traditions of these great companies” and to “leading them into the future.”
Rupert Murdoch’s departure is the end of an era for Fox News and News Corp. He is one of the most influential media moguls of all time and is credited with revolutionizing the industry. However, he has also been criticized for his conservative political views and his role in spreading misinformation.
It is unclear how Lachlan Murdoch will lead the companies differently than his father. However, it is likely that he will focus on expanding the companies’ digital reach and on developing new business models. He has also said that he is committed to making Fox News more inclusive and to promoting diversity within the company.
Lachlan Murdoch is taking over the companies at a time when they are facing a number of challenges. The media industry is undergoing rapid change, and Fox News is facing increasing competition from other news outlets. However, Lachlan Murdoch has a proven track record as a business leader, and he is seen as someone who can help the companies adapt to the changing landscape.