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The Latest Breaking News from Fox Corporation

Why is Rupert Murdoch stepping aside now and what does it mean for the company?

At age 92, media mogul Rupert Murdoch is stepping down as chairman of Fox Corporation and News Corp but will stay on in the role of chairman emeritus, presumably to help guide his eldest son Lachlan as the new head of the firm.

The Conversation

End of an era? Rupert Murdoch steps down as chair of News Corp, Fox Corp

Seventy years after inheriting the Australian newspaper that he used as a foundation to build a global empire, media mogul Rupert Murdoch says his son Lachlan will replace him as chair of Fox Corporation and News Corp. However, Murdoch senior has signalled he will still be very present in decision-making…

France 24

NYC pension funds and state of Oregon sue Fox over 2020 election coverage

New York City’s pension funds and the state of Oregon are suing Fox Corporation over Fox News' 2020 election coverage

The Independent UK

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New York City and Oregon pension funds sue Fox over false election claims

State and city officials accuse the media giant of neglecting its fiduciary duties to shareholders by promoting false election claims that exposed the company to crushing defamation lawsuits

The Independent UK

Afternoon Update: Ita Buttrose to step down as ABC chair; Mark Latham quits One Nation; and Lachlan Murdoch pays $1.3m

Want to get this in your inbox every weekday? Sign up for the Afternoon Update here, and start your day with our Morning Mail newsletter.

The Guardian - AU

Lachlan Murdoch pays Crikey $1.3m in legal costs over dropped defamation suit

Fox Media chief executive pays costs on condition that almost $600,000 in crowdfunding raised by Crikey will be donated to press freedom group

The Guardian - AU

Lachlan Murdoch pays Private Media $1.3m costs, ending high-profile defamation saga

The Fox News CEO sets condition that Private Media donates all GoFundMe donations to the Alliance for Journalists’ Freedom.

Crikey

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How Fox uses the World Cup and Masked Singer to keep Fox News on air

The company leverages hit shows to hike the price it charges cable companies to carry its channels

The Guardian - US

Fox Corporation Names David Espinosa President Of Distribution

Espinoza takes over from Michael Biard who has been named president and COO of Nexstar

TV Tech

Nexstar Names Michael Biard President & COO

Former Fox Corporation exec will join Nexstar on August 21; current president Thomas Carter will continue as senior advisor through end of this year

TV Tech

This Message Cost Tucker Carlson His Powerful Job

His demise in April was like a thunderclap that shook Fox Corporation’s stock.

The Street

Inflammatory Message Caused Fox News Star Tucker Carlson's Downfall

His demise in April was like a thunderclap that shook Fox Corporation’s stock.

The Street

NAB Announces TV, Radio Board Election Results

Board members start two year terms in June

TV Tech

A rival channel, a podcast or a foray into politics? Tucker Carlson teases his next move after Fox exit

The ousted Fox News host is already teasing his next move on his website – and has a job offer from a Russian state television channel to mull, writes Bevan Hurley

The Independent UK

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TV Tech

Fox Forms Tubi Media Group

CTO Paul Cheesbrough will lead the new unit for its standalone digital businesses as CEO

ABC News

Lachlan and Rupert Murdoch face another giant legal claim over Fox News 'disinformation'

The lawyer representing voting technology company, Smartmatic, says Rupert and Lachlan Murdoch are key to the $US2.7 billion case they have brought against Fox News and Fox Corporation.

The Independent UK

A rival channel, a podcast or a foray into politics? Tucker Carlson teases his next move after Fox exit

The ousted Fox News host is already teasing his next move on his website – and has a job offer from a Russian state television channel to mull, writes Bevan Hurley

The Independent UK

Fox Corporation shares plunge by four per cent after Tucker Carlson’s abrupt axing

Investors appeared rattled after Tucker Carlson’s sudden departure from Fox.

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ABC News

Murdoch's decision to drop Crikey defamation case is 'best case scenario' for everyone

The legal to and fro surrounding the 2021 US Election has seen Fox News retreat from its second defamation case this week.

The Guardian - AU

The mouse that roared: how a little Australian website stared down Murdoch’s millions

Incensed by an opinion piece, Lachlan Murdoch came at Crikey with guns blazing. But in the end he walked away – for the second time in a week

AFP

Fox CEO Lachlan Murdoch drops January 6 defamation case

Sydney (AFP) - Fox Corporation chief executive Lachlan Murdoch on Friday abruptly dropped a high-profile defamation case against an Australian website that accused his family and firm of fuelling the 2021 US Capitol riots.

AFP

Fox CEO Lachlan Murdoch drops January 6 defamation case in Australia

Sydney (AFP) - Fox Corporation chief executive Lachlan Murdoch on Friday dropped a high-profile defamation case against an Australian website that accused his family's conservative media empire of fuelling the 2021 US Capitol riots.

The New Daily

Lachlan Murdoch abandons legal action against Crikey

Fox Corporation boss Lachlan Murdoch has dropped his defamation case against news outlet Crikey and some of its editors and executives.

ABC News

Fox News and Dominion Voting Systems were set for a showdown in court. Here's how it suddenly ended in a settlement

The Dominion Voting Systems defamation suit against Fox News was one of the most hotly anticipated cases in America. In the end, most of the action happened outside the courtroom.

The Independent UK

Dominion wins $787m from Fox News as election lies lawsuit settled: ‘Lies have consequences’

A jury was sworn in and opening arguments were imminent, but America’s most-watched cable news network settled with the voting machines company to avert a closely watched trial over false 2020 election claims

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