Lachlan Murdoch

Lachlan Murdoch is the current Executive Chairman and CEO of Fox Corporation, who assumed full control of the family’s media empire following the 2019 Disney spin-off. His defining founding philosophy for the new Fox Corporation was a ruthless commitment to capital discipline, the aggressive deleveraging of the balance sheet, and the strategic consolidation of the company’s assets around the two remaining pillars of linear television: live sports and live political news.

Lachlan Murdoch assumed the role of Executive Chairman and CEO of the newly independent Fox Corporation in 2019, tasked with navigating the company through the immediate aftermath of the massive $71.3 billion sale of its entertainment assets to Disney. Born into the media dynasty, Lachlan had been groomed for leadership, previously serving as the Deputy Chief Operating Officer of 21st Century Fox. Upon taking the helm of the spun-off entity, he faced immense pressure from Wall Street and activist investors who viewed the new Fox as a declining linear television relic. Instead of panicking, Murdoch executed a ruthless strategy of capital discipline, selling off the company’s remaining regional sports networks for $9.6 billion to aggressively deleverage the balance sheet. He then redirected the company’s massive free cash flow toward securing exclusive, long-term media rights for the most valuable live sports properties in the world, including the $7 billion Big Ten deal, and acquiring the ad-supported streaming platform Tubi for $440 million. Under his leadership, Fox Corporation has maintained its dominance in the live news and sports markets, generating over $2.8 billion in annual Adjusted EBITDA and executing aggressive share repurchase programs. In late 2024, following the passing of his father Rupert, Lachlan consolidated his control over the family trust, cementing his position as the absolute ruler of the Fox media empire and ensuring the company’s continued focus on live broadcasting and digital advertising.