Questions and Answers about
News Corp
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in BusinessWho will replace Rupert Murdoch at Fox and News Corp. after his retirement?
Answer: As of Nov. 2023, Rupert Murdoch, the 92-year-old media mogul, will be chilling in his new role as chairman emeritus of both Fox Corp. and News Corp. media holdings, with Lachlan Murdoch taking over his previous roles. And when Murdoch Sr. joins the magnificent newsroom in the sky, control of the Fox empire will…
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in TVOn HBO’s Succession, what is Pierce Global Media?
Answer: Pierce Global Media (PGM) is a fictional media conglomerate with news outlets and television networks featured on HBO’s Succession. The company is a major plot point in the show’s final season, inspired by Rupert Murdoch’s purchase of the Wall Street Journal in 2007. Logan Roy’s company in the series Waystar Royco is loosely based…