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Fox Corporation (FOX)
After hours:
- Business Wire
FOX News Channel’s Sean Hannity to Moderate the Red State vs. Blue State Debate Between Florida Governor Ron DeSantis and California Governor Gavin Newsom
NEW YORK, September 25, 2023--FOX News Channel’s Sean Hannity will moderate a red vs. blue state debate between Florida Governor and Republican presidential candidate Ron DeSantis and Democrat California Governor Gavin Newsom on November 30th. The 90-minute debate, which will take place at location to be determined in Georgia, will air on FNC’s Hannity at 9 PM/ET.
- Reuters
Rupert Murdoch's 2023 pay at Fox swells 24% to $22.9 million
The media mogul stepped down from his role on Thursday after a career spanning more than seven decades and handed the reins to his son, Lachlan Murdoch, who will become the sole chairman of News Corp and continue as chair and CEO of Fox. Rupert Murdoch will be chairman emeritus of both companies. At Fox, his 2023 compensation includes an annual base salary of $5 million and about $7.6 million in stock awards and options.
- Reuters
Rupert Murdoch's exit ends chapter for polarising figure in his native Australia
For some Australians, Rupert Murdoch's exit from the leadership of his media empire was a time to reflect on the country's greatest business success story. But as the country that produced the most powerful modern media figure processed the news he was stepping down as chairman of Fox Corp and News Corp, a consensus view quickly formed that there would never be another like him. "For one bloke to lead the world's most powerful family, build a A$30 billion ($19 billion) family fortune, and influence global affairs for decades is extraordinary," said Stephen Mayne, a former News journalist turned shareholder activist who has grilled Murdoch about the company's dealings at 15 annual meetings since 1999.
