By David Folkenflik
Fox Corp CEO and co-executive chairman Lachlan Murdoch has departed Los Angeles and returned to Australia with his wife and children, according to two people with ties to the Murdoch family. His move comes at a time when the company’s most profitable property is confronting daunting challenges: Fox News currently faces two new defamation lawsuits from election machine and software companies seeking combined damages of $4.3 billion.
The network is accused of hosting and amplifying false claims of a conspiracy to rig the 2020 general elections against then President Donald Trump. (Fox News denies the allegations and says it’s proud of its coverage.) Fox News’s opinion stars have been among the former president’s top advocates, advisers and apologists, on and off the air. Yet the top-rated cable news network is straining to appeal to Trump loyalists to stave off sharp drops in ratings.
Many viewers peeled away after the elections, in reaction to the network’s coverage of President Biden’s win. Murdoch’s children are now enrolled in school in Sydney, Australia’s largest city, and the family is expected to stay there at least through the start of the next school year. Many Americans and many executives have scattered to alternate […]
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