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Big news hit the media world recently. Rupert Murdoch, the big boss behind Fox and News Corporation, said he's leaving his top job as chairman. This is a big deal because he's been a major player in newspapers and TV for a long time. So, what happens now to the Murdoch name in the media?
Lachlan Murdoch, Rupert's eldest son and the current main guy at Fox Corporation, will take his dad's place. While Rupert has always spoken highly of Lachlan, many are wondering if Fox will change its style under Lachlan's leadership. Some hints suggest that Fox might keep its usual style, which leans to the right.
Rupert's story in the media world started small in the 1950s. From there, he built a big media name for himself. He bought famous UK newspapers and then the New York Post in 1976. He even stepped into the movie world in 1985 by buying Twentieth Century Fox.
Rupert also tried his luck online and bought MySpace in 2005. But this move didn't work out so well because soon, sites like Facebook and YouTube became more popular.
In a big move in 2019, Rupert sold a lot of his media stuff, including the Twentieth Century Fox movie studio, to Disney. That deal was worth a lot of money ($71 billion). But he still kept control over his newspaper business, like the well-known Wall Street Journal.
One of Rupert's most famous creations is Fox News, which started in 1996. It quickly became the most-watched news channel in the U.S., known for its right-leaning views. The channel's style became even stronger to the right when Donald Trump became a big name in politics.
Some people didn't always agree with the way Murdoch's media talked about things like climate change or political events. But no one can deny how big his influence has been. Fox News even faced some legal problems recently, which show how deeply involved it is in the world of news.
Everyone is now looking closely to see what happens next for the Murdoch family's media work. As Lachlan steps in, will things change a lot, or will Rupert Murdoch's influence still be felt?
Only time will show us the answer. But one thing is clear: Rupert Murdoch leaving is a big moment in media history, and everyone is waiting to see what comes next.