Posted on 09/21/2023 1:15:46 PM PDT by Twotone
Rupert Murdoch, the powerful right-wing media mogul who built and oversaw one of the world’s most influential news empires, announced Thursday that he will step down as chairman of his companies, Fox Corporation and News Corporation.
“For my entire professional life, I have been engaged daily with news and ideas, and that will not change,” Murdoch, 92, wrote in a memo to employees. “But the time is right for me to take on different roles, knowing that we have truly talented teams.”
As the leader of Fox and News Corporation, which publishes influential broadsheets such as The Wall Street Journal and tabloid New York Post, Murdoch has for decades commanded considerable influence in the Republican Party, matched by only a select few.
His retirement comes at a key moment in the media industry as entrenched entertainment giants confront a sweeping transformation of the traditional television and film business and consumers rapidly gravitate toward streaming services.
Murdoch’s decision to step down as chairman of his companies will also send shockwaves through the political world, just as the 2024 presidential race heats up. Fox News remains ensnared in litigation stemming from the network’s peddling of former President Donald Trump’s election lies in the wake of the 2020 election.
(Excerpt) Read more at msn.com ...
He’s 92. The amazing thing is he was still occupying the seat. How shock-wavy can this be?
Who give s a flying f*** about the Murdoch leftist azzholes?
Fox was deeply implicated in enabling the Democratic steal of 2020.
The old man was already “out of the loop” by then.
They have been enemy occupied territory for years now...
Once most of the talking heads and staff joined the Dark Side and went overboard for Opie Obama in 2008 it was all over.
Shockwaves? The guy is 92.
Did everyone feel the shockwaves in their areas? I must have missed it.
After Rupert dies the other siblings will combine to get rid of Lachlan.
FULL STOP READING.
“Once most of the talking heads and staff joined the Dark Side and went overboard for Opie Obama in 2008 it was all over.”
Before that, they colluded with the other media to brand us with the permanent “red” color of communism in 2000, and then they called Florida for Gore, while the panhandle was still voting.
The disguise is finally off.
The water company was doing routine maintenance in front of my place so I chalked up any tremors to that. Plus I didn't see any F35s around so, there ya go. ;O)
Good catch!
I forgot about the early call for Gore.
The shock is that he has still been the chair at his age. Headline writers have lost their minds.
“””Rupert Murdoch steps down as Fox and News Corp. chairman, sending shockwaves through media and politics””””
Shockwaves as only a leftist journalist would vision it.
To the rest of us: “Good riddance and take your sons with you”
Now his commie son will be able to drive Fox down to equal CNN.
Burythesonofabitch in Australia and get it over with.
Who's the powerful right-winger ? I only see Rupert Murdoch's name here.
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