FILE - Rupert Murdoch attends the WSJ. Magazine 2017 Innovator Awards at The Museum of Modern Art in New York on Nov. 1, 2017. The media magnate is stepping down as chairman of News Corp. and Fox Corp.
, the companies that he built into forces over the last 50 years. He will become chairman emeritus of both corporations, the company announced on Thursday. His son, Lachlan, will control both companies.
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