Rupert Murdoch is stepping down as Chairman of Fox and News Corp as of November, with his son Lachlan succeeding him as sole chair of both. Murdoch will assume the title of Chairman Emeritus of each company:
I am writing to let you all know that I have decided to transition to the role of Chairman Emeritus at Fox and News. 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 take on different roles, knowing that we have truly talented teams and a passionate, principled leader in Lachlan who will become sole Chairman of both companies.
Neither excessive pride nor false humility are admirable qualities. But I am truly proud of what we have achieved collectively through the decades, and I owe much to my colleagues, whose contributions to our success have sometimes been unseen outside the company but are deeply appreciated by me. Whether the truck drivers distributing our papers, the cleaners who toil when we have left the office, the assistants who support us or the skilled operators behind the cameras or the computer code, we would be less successful and have less positive impact on society without your day-after-day dedication.
Our companies are in robust health, as am I. Our opportunities far exceed our commercial challenges. We have every reason to be optimistic about the coming years – I certainly am, and plan to be here to participate in them. But the battle for the freedom of speech and, ultimately, the freedom of thought, has never been more intense.
My father firmly believed in freedom, and Lachlan is absolutely committed to the cause. Self-serving bureaucracies are seeking to silence those who would question their provenance and purpose. Elites have open contempt for those who are not members of their rarefied class. Most of the media is in cahoots with those elites, peddling political narratives rather than pursuing the truth.
In my new role, I can guarantee you that I will be involved every day in the contest of ideas. Our companies are communities, and I will be an active member of our community. I will be watching our broadcasts with a critical eye, reading our newspapers and websites and books with much interest, and reaching out to you with thoughts, ideas, and advice. When I visit your countries and companies, you can expect to see me in the office late on a Friday afternoon.
I look forward to seeing you wherever you work and whatever your responsibility. And I urge you to make the most of this great opportunity to improve the world we live in.”
Huge. Lachlan wins…
The usual bed-wetters will freak out at the news that Rupert Murdoch is offering £18.5 billion for the 60.9% of Sky that 21st Century Fox does not already control. Sky shares jumped 32% on the news. Before Murdoch was rudely interrupted by the Leveson Inquiry he was poised to take control of Sky. Expect the BBC-Guardian axis to go into meltdown. After Brexit and Trump, Rupert getting control of the rest of Sky will just be the icing on the cake for luvvies and snowflakes across the land…
Was a deal was done between Theresa May and Liam Fox yesterday afternoon over their long lunch in a brightly lit corner of Westminster’s Osteria Dell’Angolo / ‘Tavern on the Corner’? The Standard says yes:
“Former Defence Secretary Liam Fox has met Theresa May to discuss backing her in a future Tory leadership contest, it emerged today. The Standard understands Dr Fox is willing to support the Home Secretary in a bid to stop Mayor Boris Johnson winning the Conservative crown.”
If there is a kernel of truth to this latest bout of May-nia, was it the wisest choice of location for a quick round of Game of Thrones? Carving out a future frontbench in the middle of the only Westminster in vogue, looks a little bit tacky. It’s almost as if they wanted the throng of journalists that frequent the establishment every lunch time to clock it…
Crazy yanks, eh?
This from Calvin Stowell (@aurosan) is hardly fair and balanced. The actual far more extensive line-up of on air personalities can be found here. There are brunettes galore including Sarah Palin, as well as people of colour. Guido hasn’t however spotted a redhead…