Original article by Liana Walker
abc.net.au – Page: Online : 22-Sep-23

Media mogul Rupert Murdoch says the time is right for him to take on new roles at News Corp and Fox Corp. The 92-year-old has advised that he will formally step down as chairman of both companies at their AGMs in November. Murdoch will become Chairman Emeritus at both companies, and he emphasises that he will continue to take an active role in the "contest of ideas" at the media groups. His son Lachlan Murdoch will become the sole chairman of News Corp and continue in his role as executive chairman and CEO of Fox Corp. Rupert Murdoch says both himself and the companies he founded are in "robust health". However, he warns that the battle for freedom of speech and freedom of thought has never been more intense.

CORPORATES
NEWS CORPORATION – ASX NWS, FOX CORPORATION