Holy Cow! Media Tycoon Rupert Murdoch Is Stepping Down as CEO of Fox

Lachlan Murdoch and Rupert Murdoch | Photo Credits: Corbis
Lachlan Murdoch and Rupert Murdoch | Photo Credits: Corbis

Rupert Murdoch is leaving media mega-giant 21st Century Fox -- but he's keeping control of the company in the family.

Murdoch was the CEO of News Corporation from 1979 until 2013, when it split into two branches, News Corp and 21st Century Fox. 21st Century Fox owns and operates the Fox television

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