Rumors are that the changes will be discussed at a board meeting next week because the plan still needs approval of the company’s board of directors. Rupert Murdoch is not ill and he still appears to be energized. The succession plans for Mr. Murdoch’s media empire have long been the subject of fevered speculation. Twenty-First Century Fox, Inc. is the legal successor to News Corporation founded by Rupert Murdoch in 1979. In June, 2013 Murdoch’s media empire split into two companies: Twenty-First Century Fox and News Corp, which is the publishing business, which includes The Wall Street Journal, New York Post, Dow Jones and book publisher HarperCollins. The beginning of Rupert Murdoch was in Australia, where he became managing director of Australia’s News Limited, inherited from his father, Sir Keith Arthur Murdoch, in 1952.
