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Rupert Murdoch steps down as Fox and News Corp. chairman
(www.cnn.com)
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this post was submitted on 21 Sep 2023
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This is the best summary I could come up with:
Rupert Murdoch announced Thursday that he will step down as chairman of Fox Corporation and News Corp.
“For my entire professional life, I have been engaged daily with news and ideas, and that will not change,” Murdoch wrote in a memo to employees.
Rupert Murdoch called his son “a passionate, principled leader.”
The 92-year-old media mogul, who got into the newspaper business in the 1950s, became a major Hollywood executive in 1985 when he purchased Twentieth Century Fox from oilman Marvin Davis for $600 million.
In 1986, Murdoch got into the TV business after he purchased several US television stations and created Fox Broadcasting.
1 cable news channel in America and a bastion for Republican talking points and falsehoods.
The original article contains 175 words, the summary contains 119 words. Saved 32%. I'm a bot and I'm open source!