Rupert Murdoch stepping down as co-executive chairman of Fox
Rupert Murdoch will take on the role of chairman emeritus in November, his companies News Corp and Fox announced on Thursday.
Rupert Murdoch will take on the role of chairman emeritus in November, his companies News Corp and Fox announced on Thursday.
The lawsuit accuses the network of being negligent in its duties to shareholders by allowing election-related misinformation on its cable news networks.
The broadcaster says a new public interest group is making inaccurate claims in connection with its license renewal for Philadelphia’s WTXF.
Viet Dinh will step down from his role as Fox Corporation’s chief legal officer in December, the company announced on Friday.
Fox Corporation emerged relatively unscathed from its legal settlement, with the company reporting $14.92 billion in revenue over the last 12 months.
The CEO of Fox Corporation says broadcast and cable TV is still the better business for its news and premium sports offerings.
The cable news channel continues to see strong viewership among the core demographic attractive to advertisers, Fox CEO Lachlan Murdoch said.
The broadcaster logged a $54 million loss due to its settlement with Dominion, but the performance of the company remains strong, executives affirmed.
Fox is launching the Tubi Media Group, which will incorporate most of its digital businesses like Tubi and Credible.
Fox CEO Lachlan Murdoch has dropped his defamation lawsuit against Australian blog Crikey after the outlet sought to introduce evidence from the Dominion Voting case.