Lachlan Murdoch
Chairman and Chief Executive Officer
2019 – Present
7 years (current)
Key Decisions & Impact
Taking the helm as CEO following the historic spin-off of 21st Century Fox assets to Disney in 2019, Lachlan Murdoch was tasked with leading a radically smaller, focused media entity. He made the crucial strategic decision to strictly avoid the expensive, subscription-based 'streaming wars,' arguing that the economics of premium scripted content were flawed. Instead, he directed the $440 million acquisition of Tubi in 2020, pivoting the company's digital strategy entirely toward the free, ad-supported (AVOD) model. He has also defended the editorial independence and conservative positioning of FOX News, recognizing it as the financial bedrock of the entire corporation.
Legacy
Lachlan Murdoch has navigated Fox Corporation through one of the most tumultuous periods in the history of the modern media industry. By maintaining a disciplined, unwavering focus on live news and sports—and by intelligently acquiring Tubi to capture the growing digital advertising market—he has ensured that the 'new' Fox remains a profitable, cash-generating enterprise despite the ongoing, secular decline of the traditional pay-television bundle.