By turnercowles
June 11, 2015

Rupert Murdoch, 84, is stepping down as CEO of 21st Century Fox, according to reports. Murdoch grew his father’s Australian corporation News Limited into the global media conglomerate News Corporation, which separated from 21st Century Fox in 2013. News Corp focused on news media while 21st Century Fox focused on entertainment media. Murdoch will remain chairman of both companies.