Rupert Murdoch steps down as Fox and News Corp. chairman

Thanks for causing so much harm, asshole.

Senile weirdo ruins media for everyone. More news at 11.

This is the best summary I could come up with:

Rupert Murdoch announced Thursday that he will step down as chairman of Fox Corporation and News Corp.

“For my entire professional life, I have been engaged daily with news and ideas, and that will not change,” Murdoch wrote in a memo to employees.

Rupert Murdoch called his son “a passionate, principled leader.”

The 92-year-old media mogul, who got into the newspaper business in the 1950s, became a major Hollywood executive in 1985 when he purchased Twentieth Century Fox from oilman Marvin Davis for $600 million.

In 1986, Murdoch got into the TV business after he purchased several US television stations and created Fox Broadcasting.

1 cable news channel in America and a bastion for Republican talking points and falsehoods.

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