On Wednesday morning, Rupert Murdoch announced that two employees, who happen to be his sons, have received promotions: His eldest, Lachlan, who is currently a director at News Corp. and 21st Century Fox, will become non-executive co-chairman of News Corp.'s board — a position he will share with his father, who will retain "the final authority," presumably until it's time for Lachlan to take over for good. Murdoch's younger son, James — once considered the heir apparent, until he got caught up in that nasty phone-hacking business — is getting bumped up to co-COO at 21st Century Fox. (He'll share that role with current COO and president Chase Carey.) "This evolution of our leadership team underscores the considerable planning that both the Company and the Board have undertaken to ensure a vibrant future for 21st Century Fox and its shareholders," Rupert wrote in a memo to 21st Century Fox's staff. After all, Most Eligible Bachelor status aside, he isn't getting any younger.
Most Viewed Stories
Exclusive: MH370 Pilot Flew a Suicide Route on His Home Simulator Closely Matching Final Flight
Andrew Sullivan Liveblogs the RNC, Night 4
When Did the Media Turn Against Taylor Swift?
Ivanka Is Right About Promoting Gender Equality — and Her Father Will Do the Exact Opposite
Donald Trump Is Bidding to Transform the GOP Into a White-Identity-Politics Party
Stephen Colbert Welcomed a Righteous Fury-Fueled Jon Stewart Back for a Classic Trump, Fox News Takedown: 'This Country Isn't Yours'
Sources: Megyn Kelly Told Murdoch Investigators That Roger Ailes Sexually Harassed Her
3 Ballerinas Tell the Truth About Dance Wellness
The Psychology of Why Americans Are Afraid of Historically Low Crime Levels
The Only Defense America Has Against Donald Trump Is His Opponent
Latest News from Daily IntelligencerThe Clinton-Kaine Ticket Is Safe and Boring — in a Good Way
Kaine is getting grief from left, but objectively some of it is undeserved. All of it, if you look at the alternative.At Least 9 Dead in Shooting ‘Rampage’ in Munich, Germany
Police gave the "all clear" early Saturday morning.Hillary Clinton Picks Virginia Senator Tim Kaine As Her Running Mate
Yes we Kaine.Hillary Clinton Withholds Veep Pick, Notes Trump Talks a Lot Like Dictator
Contrary to expectations, Clinton did not reveal her running mate in Florida on Friday, opting to rebut Donald Trump's RNC speech instead.The ‘Big’ Ratings Trump Bragged About for His RNC Speech Were Actually Not That Big
Not much higher than what Mitt Romney drew.First Baby Born in NYC With Zika Birth Defects
Department of Health officials confirm.Exclusive: MH370 Pilot Flew a Suicide Route on His Home Simulator Closely Matching Final Flight
The FBI recovered the data from a hard drive, but Malaysian authorities have not made the finding public.After Resigning From Fox News, Ailes Is Reportedly Barred From the Building, But He Gets a $40 Million Consolation Prize
Rupert Murdoch will be running the shop for a while.5 Things for Frightened Liberals to Tell Themselves About Trump’s RNC Speech
We won't know for several days whether Trump's dystopian hate speech resonated with swing voters. Until then, here are some comforting things for liberals to tell themselves.The Only Defense America Has Against Donald Trump Is His Opponent
Hillary Clinton needs to vanquish him. But it's going to be close.
Cleveland's finale.Trump’s Strongman Politics
The only solution he offers to the exaggerated problem of crime and disorder is himself.Donald Trump Jr. and the Future of Conservative Populism
The son will be the standard-bearer for his father, with some tweaks.Trump Brought Little Chaos to Cleveland – Outside the Convention Hall, Anyway
Authorities were anticipating mass violence and unrest. They got the most peaceful convention in recent memory.Fresh Intelligence: Today Is the Best Day Ever for Trump, But an Especially Terrible Day for Clinton
Our roundup of the stories, ideas, and memes you’ll be talking about today.Vicente Fox: Withdrawing From NAFTA Will Hurt the U.S., Not Mexico
Nonetheless, the former Mexican president pleaded with American voters to reject “false prophet” Donald Trump.Peter Thiel Is Pro-Trump, Mainly Because He’s Pro-Trolling
His speech at the RNC didn’t make any sense, and that may be the point.The Christian Right Has Surrendered to Trump
So recently an electoral and ideological fountainhead for the GOP, Evangelicals have given themselves over to a Philistine.Donald Trump Is Bidding to Transform the GOP Into a White-Identity-Politics Party
The meaning of one of the most significant acceptance speeches in history.Turkey Suspends European Human-Rights Convention As Parliament Approves State of Emergency
The government claims fundamental freedoms will remain in place as it continues to purge state institutions of suspected dissidents.