Rupert Murdoch preparing to step down as CEO from 21st Century Fox

Rupert Murdoch, the 84-year-old chief executive officer and controlling shareholder of 21st Century Fox, is preparing to step down as CEO of the media giant and hand that title to his son James, according to numerous sources close to the Murdoch family.

Source: Rupert Murdoch preparing to step down as CEO from 21st Century Fox