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Rupert Murdoch to Step Down as Fox, News Corp Chairman in November

CC BY 2.0 / David Shankbone / Rupert MurdochRupert Murdoch 2011 Shankbone
Rupert Murdoch 2011 Shankbone - Sputnik International, 1920, 21.09.2023
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WASHINGTON (Sputnik) - Rupert Murdoch will step down as chairman of Fox and News Corp in November, Fox News reported Thursday, citing a letter to colleagues.
"I am writing to let you all know that I have decided to transition to the role of Chairman Emeritus at Fox and News," Murdoch wrote.
"For my entire professional life, I have been engaged daily with news and ideas, and that will not change. But the time is right for me to take on different roles, knowing that we have truly talented teams and a passionate, principled leader in Lachlan who will become sole Chairman of both companies," Murdoch added.
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