Lachlan Murdoch ascends as CEO and chairman of new Fox company

Lachlan Murdoch ascends as CEO and chairman of new Fox company
 

Lachlan Murdoch will serve as chairman and chief executive of the proposed new “Fox” company – a position senior to father Rupert Murdoch – once the deal to sell Fox assets to Walt Disney is approved by shareholders and regulators, the company said today.
Rupert Murdoch will serve as co-chairman of the new Fox entity, which will maintain ownership of Fox’s existing news, sports and business channels.
“We have worked through the winter ‘standing up’ a reimagined independent Fox,” Lachlan Murdoch, 46, said in a statement.
Rupert Murdoch, 87, added: “The new Fox will begin as the only media... read more

 
16 May 2018 in Business, Views: 48
Source: Guardian
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