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Rupert Murdoch stepping down as Fox, News Corp. chairman (Video)

Rupert Murdoch, the longtime head of News Corp. and Fox, will step down as chairman and take on the role of chairman emeritus, capping a 7-decade career that built a media dynasty ranging from cable television to tabloid newspapers and turned him into one of the world's most influential media executives. David Folkenflik is a media correspondent for NPR and author of "Murdoch's World: The Last of the Old Media Empires." He joined CBS News to discuss Murdoch's decision.

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Rupert Murdoch stepping down as Fox, News Corp. chairman (Video)
Description

Rupert Murdoch, the longtime head of News Corp. and Fox, will step down as chairman and take on the role of chairman emeritus, capping a 7-decade career that built a media dynasty ranging from cable television to tabloid newspapers and turned him into one of the world's most influential media executives. David Folkenflik is a media correspondent for NPR and author of "Murdoch's World: The Last of the Old Media Empires." He joined CBS News to discuss Murdoch's decision. CBS News Streaming Network is the premier 24/7 anchored streaming news service from CBS News and Stations, available free to everyone with access to the Internet. The CBS News Streaming Network is your destination for breaking news, live events and original reporting locally, nationally and around the globe. Launched in November 2014 as CBSN, the CBS News Streaming Network is available live in 91 countries and on 30 digital platforms and apps, as well as on CBSNews.com and Paramount+. Subscribe to the CBS News YouTube channel: https://youtube.com/cbsnews Watch CBS News: https://cbsn.ws/1PlLpZ7c Download the CBS News app: https://cbsn.ws/1Xb1WC8 Follow CBS News on Instagram: https://www.instagram.com/cbsnews/ Like CBS News on Facebook: https://facebook.com/cbsnews Follow CBS News on Twitter: https://twitter.com/cbsnews Subscribe to our newsletters: https://cbsn.ws/1RqHw7T Try Paramount+ free: https://bit.ly/2OiW1kZ For video licensing inquiries, contact: licensing@veritone.com

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