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(Reuters) - Media mogul Rupert Murdoch, 92, has stepped down as the chairman of Fox Corp and News Corp, ending a more than seven-decade career in which he created an empire spanning from Australia to the United States.
His son, Lachlan Murdoch, will become the chairman of News Corp and continue as the chair and CEO of Fox, the companies said on Thursday.
The transition cements Lachlan's role as the leader of the media empire, putting to rest questions of succession within the Murdoch family.
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>>> Read more: Reactions: Media mogul Rupert Murdoch steps down as chairman of Fox, News Corp
His son, Lachlan Murdoch, will become the chairman of News Corp and continue as the chair and CEO of Fox, the companies said on Thursday.
The transition cements Lachlan's role as the leader of the media empire, putting to rest questions of succession within the Murdoch family.
...
>>> Read more: Reactions: Media mogul Rupert Murdoch steps down as chairman of Fox, News Corp
