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On June 28, 2012, after concerns from shareholders in response to its recent scandals and to "unlock even greater long-term shareholder value", founder Rupert Murdoch announced that News Corporation's assets would be split into two publicly traded companies, [8] one oriented towards media, and the other towards publishing.
Sep 22, 2023 · Rupert Murdoch, the powerful right-wing media mogul who built and oversaw one of the world’s most influential news empires, announced Thursday that he will step down as chairman of his...
Sep 21, 2023 · Sept 21 (Reuters) - Rupert Murdoch has stepped down as the chairman of Fox Corp (FOXA.O) and News Corp (NWSA.O), ending a more than seven-decade career during which he created a media...
Sep 21, 2023 · In January this year, Rupert Murdoch was forced to call off a proposal to merge his two companies - Fox and News Corp - after shareholders resisted his plan to reunite his media empire.
Sep 21, 2023 · Why is Rupert Murdoch leaving his empire now? Lachlan Murdoch will be formally in charge of Fox News, the Wall Street Journal, and everything else his father built and bought. For now.
Jan 25, 2023 · Why the Murdochs Called Off a Fox-News Corp Merger. Rupert and Lachlan's trial balloon for a recombination was scuttled after major shareholders — and James Murdoch — expressed concerns.
Jul 1, 2012 · The falling fortunes of Rupert Murdoch’s publishing assets finally compelled him to agree to split News Corporation into two companies, a move he had long resisted.
