LA500 2023: Rupert Murdoch

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LA500 2023: Rupert Murdoch

Executive Chair, News Corp./FOX Corp.

Global media tycoon Rupert Murdoch faced uncomfortable scrutiny this year when his Fox News was forced to defend a libel lawsuit filed by a voting machine manufacturer over presidential election coverage three years ago. But otherwise, the 92-year-old Murdoch hasn’t lost his touch: Fox News ratings remain high, ad-supported video streamer Tubi leads its emerging sector, and over-the-air Fox Broadcasting hangs tough. Murdoch guides publishing/TV News Corp. ahead of most peers in the crumbling publishing business through cost control and digital diversification. However, shareholders delivered a setback by resisting a proposed merger of News Corp. and Fox Corp., which was dropped in January.

YEARS ON THE LA500: 5

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