To the announcement. In some ways this was inevitable. Yes, Rupert Murdoch always said he would never retire. His son lachlan always said his dad would never retire. But his companies have been shrinking over the years and struggling against the Media Headwinds that all Media Companies are facing. For example, streaming and the struggles of newspapers. So Rupert Murdoch is not the swashbuckling feared and reviled media mogul that he once was that he was for decades. He was strangely passive in recent years as his Fox News Network in the us promoted lies about voter fraud in 2020. He seemed to be more like the passenger, rather than the driver he seemed more like the passenger than the captain of the ship. And so i think todays announcement confirms and signifies that. Weve just had a statement from Lachlan Murdoch, who says, On Behalf Of The Fox and news corp boards of directors, Leadership Teams and all the shareholders whove benefited from his hard work, i congratulate my father on h
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