The announcement would have made for extraordinary timing, whether or not it occurred part-way through the Standard’s serialisation of The Fall: The End of the Murdoch Empire by Michael Wolff.
Rupert Murdoch is to retire as chairman of Fox and News Corp, set to be replaced in both roles by his eldest son, Lachlan. In a letter to colleagues, 92-year-old Murdoch said “the time is right for me to take on different roles”, adding that he and his companies were in “robust health”. It caps the end of a career like no other. Born into an Australian media family, Murdoch accumulated power, wealth and influence — while also generating reams of controversy — over a period of 70 years.
