Conservative media mogul Rupert Murdoch is stepping down from News Corp, Fox

Rupert Murdoch attends the 2019 Vanity Fair Oscar Party Hosted By Radhika Jones at Wallis Annenberg Center for the Performing Arts on February 24, 2019 in Beverly Hills, California. Photo by Axelle / Bauer-Griffin / FilmMagic

Conservative media mogul Rupert Murdoch is stepping down as chair of Fox and News Corp on Thursday, according to The Wall Street Journal. Murdoch will exit his roles at both companies in mid-November and will be appointed as chairman emeritus of both companies.

“For my entire professional life, I have been engaged daily with news and ideas, and that will not change. But the time is right for me to...

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