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Rupert Murdoch's Family Court Battle Over Fox Control Mirrors 'Succession' Drama
Monday, September 16, 2024 - 11:28am | 833Award-winning HBO series "Succession," which centered on a media company's patriarch struggle to find a successor for his company was a work of fiction that was well loved by viewers. The real-life story that inspired the hit show is set to play out in court beginning this week. What Happened: A...
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Rupert Murdoch To Step Down As Chairman Of Fox, News Corp
Thursday, September 21, 2023 - 10:14am | 547Rupert Murdoch will step down as chairman of Fox Corp (NASDAQ: FOXA) and News Corp (NASDAQ: NWSA), the media conglomerate announced Thursday. What To Know: Murdoch, 92, will depart from his role as chairman of the board at both Fox and News Corp following a nearly 70-year career. He...
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Murdoch's Son Says Fox News' $787M Settlement Preceding Tucker Carlson's Exit Was A 'Business Decision'
Wednesday, May 10, 2023 - 7:32am | 429The CEO and executive chairman of Fox Corp. (NASDAQ:FOX), Lachlan Murdoch, explained the $787 million settlement with Dominion Voting Systems in a defamation case related to the airing of election fraud claims. What Happened: Lachlan, the eldest son of media tycoon Rupert Murdoch, said at the...
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Why Fox Is Taking A Stake In A Consumer Lending Company
Monday, August 5, 2019 - 1:18pm | 351Fox Corp (NASDAQ: FOXA) confirmed over the weekend that it bought a majority stake in a consumer finance marketplace to better connect with consumers. What Happened Fox reached an agreement to buy a 67% stake in San-Francisco based and Australian-listed Credible Labs for $265 million. The company...
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ICYMI: James Murdoch Is Fox's New CEO
Wednesday, June 17, 2015 - 10:53am | 315In a press release issued Tuesday afternoon, Twenty-First Century Fox Inc (NASDAQ: FOXA) announced a few changes to its senior executive team, effective July 1. Founder, Chairman and CEO Rupert Murdoch will step down from his position as Chief Executive and become one of the company’s...
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Twenty-First Century Fox: 'Succession Is On Our Agenda'
Thursday, June 11, 2015 - 1:15pm | 360Twenty-First Century Fox Inc (NASDAQ: FOXA) dipped Thursday on at least two separate reports that 84-year-old Rupert Murdoch will soon step down as chief executive. "The matter of succession is on the agenda at our upcoming, regularly scheduled board meeting," Fox said in a statement Thursday to...