Fox News Founder Rupert Murdoch Retires From Company’s Board of Directors

Photo by Hudson Institute on Flickr

The relationship between Fox News and Donald Trump grew strained over the last year.

But now Fox News underwent a massive shakeup.

And a retirement at the top of Fox News will change everything for Donald Trump.

As Great American Daily reports:

Fox News founder Rupert Murdoch retired from his position as chairman of the board for Fox Corp. and News Corp.

Murdoch’s son Lachlan – who is currently the co-chairman of News Corp. – will become the sole chair of the company that oversees Fox News.

“Following a career that began nearly 70 years ago in 1954,” Fox Corporation and News Corporation’s statement announcing the retirement read, “Rupert Murdoch is stepping down as chairman of each board effective as of the upcoming Annual General Meeting of Shareholders of each company in mid-November. Mr. Murdoch will be appointed Chairman Emeritus of each company. Following the Annual General Meetings, Lachlan Murdoch will become sole Chair of News Corp and continue as Executive Chair and Chief Executive Officer of Fox Corporation.”