Rupert Murdoch has announced he is stepping down as chairman of Fox News and News Corp, effectively ending a remarkable 70-year career. Mr Murdoch’s eldest son Lachlan Murdoch will take over from his father ending long-running, speculation that saw him vie with brother James for control of the media empire, mirroring the globally successful HBO |
Rupert Murdoch is retiring from his long career which began in 1954 - though he said he said he plans to participate in News Corp and Fox's 'optimistic' coming years