The 92-year-old media tycoon is set to become chairman emeritus of Fox and News Corporation, but he still wields considerable power over the empire he built.
Read More internal-storyline-no, News and News Media, Mergers, Acquisitions and Divestitures, Fox News Channel, News Corporation, Fox Corporation, Murdoch, Lachlan, Murdoch, Rupert, Murdoch, James R, Murdoch, Elisabeth, Newspapers