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The Latest Breaking News from Fox Corp

Can Lachlan Murdoch rein in scandal-hit Fox as 2024 election looms?

With cable news in a death spiral, Fox Corp facing potentially crippling lawsuits, and dad Rupert Murdoch stepping back, Lachlan will have a full inbox of challenges in his new role as head of the family empire, Bevan Hurley reports

The Independent UK

Brian Stelter on his new book about Fox News, its $787 million settlement, and when ‘it begins to dawn on Rupert’ how bad things were getting for him

Rupert Murdoch’s deposition shredded Fox’s legal defense, forcing the company to accept a settlement.

Fortune

Tucker Carlson fired by Fox News for getting ‘too big for his boots’, book says

Network of Lies by Brian Stelter, excerpted in Vanity Fair, says firing was inevitable after he alienated large parts of network

The Guardian - US

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‘Succession’ star Brian Cox slams Rupert Murdoch’s claim that his media empire is committed to ‘freedom’: ‘Freedom for what? Freedom to manipulate?’

Murdoch said his eldest son, who he named his successor last week, was “committed to the cause” of championing free speech.

Fortune

Meet Lachlan Murdoch, soon to be the new power behind Fox News and the Murdoch empire

For Lachlan Murdoch, this has been a long time coming — assuming, that is, his moment has actually arrived

The Independent UK

Tony Abbott nominated to Fox Corp board of directors

Tony Abbott has been nominated to sit on Fox Corporation's board of directors, a day after media mogul Rupert Murdoch's retirement plans were unveiled.

AAP

Will Rupert's retirement break Fox News?

"Succession" was inspired by the Murdochs, but in real life, the drama is far from over

Salon

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What does Lachlan Murdoch’s elevation mean for News Corp in Australia?

The future of the Australian newspaper, which Rupert Murdoch launched in 1964, is less assured with Lachlan favouring Sky News Australia and Foxtel

The Guardian - AU

Morning Digest | Rajya Sabha unanimously passes women’s reservation Bill; Issue of visas paused in Canada amid tussle, and more

The Hindu’s Morning Digest brings readers a select list of stories to start the day

The Hindu

Lachlan Murdoch: The heir apparent to father Rupert’s media empire who was groomed for top job from childhood

Lachlan Murdoch was groomed as father Rupert’s successor from childhood, writes Bevan Hurley

The Independent UK

Who are Rupert Murdoch's children? What to know about the media magnate's successor and family

Media magnate Rupert Murdoch is stepping down as the leader of both Fox News’ parent company and his News Corp media holdings, with his son, Lachlan, set to take his place

The Independent UK

Media mogul Rupert Murdoch resigns − extending Joe Biden's ongoing good luck streak with the media

Joe Biden was inaugurated as the 46th president of the United States of America on Jan. 20, 2021.

The Conversation

Rupert Murdoch: His Fox News legacy is one of lies, with little accountability, and political power that rose from the belief in his power − 3 essential reads

Rupert Murdoch, 92, one of the world’s most influential modern media figures, announced on Sept. 21, 2023, that he is stepping down as chair of Fox Corp. and executive chairman of News Corp. By mid-November, he will no longer be at the helm of the multibillion-dollar media empire that has…

The Conversation

Who is Lachlan Murdoch? New Fox chairman as Rupert Murdoch steps down

Lachlan Murdoch is taking over as sole chairman after Rupert Murdoch confirmed he’s stepping down from his media empire

Evening Standard

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WEKU

Fox founder Rupert Murdoch steps down from his media empire, handing it to his son

Rupert Murdoch is stepping down as chair of his media empire, which includes Fox News, The Wall Street Journal and The New York Post. He is handing the reins to his son Lachlan.

Chicago Sun-Times

Rupert Murdoch, the creator of Fox News, is stepping down as head of News Corp. and Fox Corp.

Besides Fox News, Murdoch started the Fox broadcast network, the first to successfully challenge the Big Three of ABC, CBS and NBC, with shows like “The Simpsons.”

Fortune

Rupert Murdoch is retiring as chairman of Fox and News Corp. at 92 years old

His son, Lachlan Murdoch, will become sole chair of News Corp. and continue as executive chair and CEO of Fox Corp.

The Independent UK

NYC pension funds and state of Oregon sue Fox over 2020 election coverage

New York City’s pension funds and the state of Oregon are suing Fox Corporation over Fox News' 2020 election coverage

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Barchart

For the Politically Agnostic, Fox Corp (FOXA) Might Be a Contrarian Opportunity

For investors willing to put aside partisan politics, Fox Corp could be an interesting contrarian opportunity. Certainly, FOXA stock would be worth putting on your watch list.

The Independent UK

Top lawyer at Fox Corp. to step down after overseeing $787M settlement in Dominion defamation case

The chief legal officer at Fox Corp. who oversaw a $787 million settlement with Dominion Voting Systems over defamation allegations against Fox News is leaving the company

WEKU

A former Fox executive now argues Murdoch is unfit to own TV stations

Preston Padden helped Rupert Murdoch launch the Fox broadcast network in the 1990s. Now he argues Murdoch has proved unfit to hold the license for a Philadelphia station.

TV Tech

Fox Raises 1st Amendment Defense in WTXF-TV License Challenge

Fox is responding to a Media and Democracy Project filing with the FCC challenging the company’s fitness to own the Philadelphia station

TV Tech

Nexstar Names Michael Biard President & COO

Former Fox Corporation exec will join Nexstar on August 21; current president Thomas Carter will continue as senior advisor through end of this year

Zenger

Fox Faces Potential Lawsuits After Tucker Carlson Departure And Dominion Settlement

Fox Corp has had several setbacks since April after parting ways with anchor Tucker Carlson and a $787.5M lawsuit settlement.

Multichannel News

Analyst Downgrades Fox Corp. as Fox News Viewership Falls

Cord-cutting eats into distribution revenue

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