Lachlan Murdoch — News Corp., Fox Corp.

Co-Chairman, News Corp.; Executive Chairman and Chief Executive, Fox Corp.

THE LATEST: In 2020, Fox Corp. completed its acquisition of streaming service Tubi Inc. and entered a multiyear affiliation renewal agreement with Sinclair Broadcast Group. Fox Corp. saw a 22% increase in revenue in its fiscal fourth quarter for 2020 and an 8% increase in revenue for the full year. In March 2021 at a Morgan Stanley investors conference, Murdoch said Fox News will be the “loyal opposition” to President Joe Biden, saying this would help “ratings really improve.” Amid the pandemic, Murdoch and other Fox Corp. executives took pay cuts.
BACKGROUND: Murdoch has held a range of roles across Fox properties over the past two decades. He served as executive chairman of 21st Century Fox prior to the closing of the company’s merger with the Walt Disney Co. in March 2019. He has also served as deputy chief operating officer at News Corp., chairman of Fox Television Studios and publisher of the New York Post. Murdoch is one of the heirs to News Corp., the media company built by his father, Rupert Murdoch.
YEARS ON THE LA500: 6
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