Lachlan Murdoch Latest Celebrity News & Gossip

Brian Steinberg Senior TV EditorSalaries for senior executives at Fox Corporation declined in the company’s most recent fiscal year as the owner of Fox News Channel and the Fox broadcast network reduced compensation packages as part of dealing with conditions spurred by the coronavirus pandemic.Lachlan Murdoch, CEO of Fox and executive chairman, saw his total compensation fall to $27.7 million in fiscal 2021, compared with $29.2 million in the previous fiscal year, marking a decrease of

Fox chairman and patriarch Rupert Murdoch’s racked up $31.1 million in total compensation for the company’s fiscal year ended in June, down 8.4% from close to $40 million the year before.

launch its streaming service, CNN+, in the first quarter of 2022. The move into streaming is highly anticipated given CNN has lagged behind competitors Fox News — which has three different streamers — and MSNBC in this space.

Fox Corp. closed its fiscal year with a solid performance in its fourth quarter, beating Wall Street revenue and earnings forecasts.

Elaine Low Senior TV WriterFox Corp. has brought on a new head of communications.

Fox Corp. Tuesday named Brian Nick Executive VP and Chief Communications Officer. He’ll be based in Los Angeles and report to chairman-CEO Lachlan Murdoch.

The renegade scion of the Fox News-owning Murdoch family, James, vigorously showcased his commitment to social and environmental causes Friday in an interview with Walmart CEO Doug McMillon at the Tribeca Festival.

ratings darling Tucker Carlson in a recent interview with Business Insider, and called Carlson’s comments about coronavirus vaccine “brave.” Tucker has in past episodes of “Tucker Carlson Tonight” said that young, healthy people don’t need the coronavirus vaccine, alleged Dr. Anthony Fauci helped create COVID-19 in a lab and coronavirus vaccines kill people.

Outkick Media, a sports-focused digital media brand that gained attention in the years after its founding in 2008 by relentlessly attacking ESPN, is being acquired by Fox Corp.

Brian Steinberg Senior TV EditorFox Corporation has purchased Outkick, the conservative-leaning sports-news site founded by entrepreneur and online personality Clay Travis.The acquisition was unveiled by Lachlan Murdoch, the company’s CEO, during a call with investors on Wednesday. Financial terms were not disclosed.

Fox Corp. CEO Lachlan Murdoch responded to the Anti Defamation League’s call for the ouster of Tucker Carlson, concluding that the Fox News host was not advocating for “white replacement theory” in a segment last week.

Fox Corp.'s stock earned an upgrade on Wednesday thanks to the sports rights cost "clarity" provided by the recent NFL rights renewal andits role as "a potential participant in media M&A." Wells Fargo analyst Steven Cahall upgradedthe shares of Fox, led by CEO Lachlan Murdoch, from "underweight" to "equal weight" and his price target by $14 to $41 writing in a report: "We've historically been bearish on sports as rights tend to grow in excess of linear revenues, and Fox has been the media stock

Brian Steinberg Senior TV EditorThe chief legal officer of Fox Corporation tried to throw cold water on growing speculation that he has taken on a broader role at the company, making decisions about the company on behalf of its CEO Lachlan Murdoch,.In an interview with David Lat, writer of the Substack newsletter “Original Jurisdiction,” Viet Dinh, Fox Corp.’s chief legal and policy officer, demurred at recent stories in The New York Times and Financial Times suggesting he’s taken more control

Elaine Low Senior TV WriterIn an internal memo to Fox Corporation employees Tuesday morning, Lachlan Murdoch told staff that the company is deferring its next possible phase one reopening date to “no earlier than September 7, immediately after Labor Day.”The company had previously set a return-to-work date no earlier than April of this year.More to come… 

Fox Corp. CEO Lachlan Murdoch says his Fox News Network will be the big ratings winner while President Joe Biden is in the White House.

About two years after Fox Corp. started a new chapter as a slimmed-down, TV-centric company, CEO Lachlan Murdoch observed, “It’s a good year not to own movie studios and theme parks.”

Brian Steinberg Senior TV EditorDemocrats aren’t the only ones glad Joe Biden is in the Oval Office. Lachlan Murdoch, CEO of the company that owns Fox News Channel, is as well.Murdoch predicted Thursday that Fox News, the economic engine of his company, Fox Corporation, would lead cable news in the ratings once again after ceding ground in recent weeks to rivals CNN and MSNBC.

Fox Corp. has signed Fox News Media CEO Suzanne Scott to a multi-year contract extension.

Fox Corp. CEO Lachlan Murdoch said Fox News is not about to adjust its political orientation despite a bumpy period during and after the 2020 presidential election and a recent slip in its ratings.

Despite a ratings slip for Fox News in recent weeks and the specter of a pending lawsuit over 2020 election fraud claims by its hosts, Fox News Media CEO Suzanne Scott has been signed to a multi-year extension.

The Sydney Morning Herald this week, Ben said the strange thing about Margot Robbie is that she's completely unaffected by celebrity.  'The most arresting thing about my co-star Margot Robbie is that she's so unaffected by her fame,' he told the publication.

Brian Steinberg Senior TV EditorAdvertisers in next year’s Super Bowl are hoping they will get to party like it’s pre-pandemic 2020.Earlier this year, Fox Corporation took in about $600 million in advertising revenue for its broadcast of Super Bowl LIV and pre- and post-game coverage, Lachlan Murdoch, the company’s executive chairman, said earlier this year.

Dade Hayes Finance EditorFox Corp. CEO Lachlan Murdoch says the company’s target date to start to reopen offices and facilities in January has been postponed until “no earlier than” April 2021.The executive delivered the update today in a memo to employees (read it below).November has brought a mix of news on the coronavirus front in the U.S.

Brian Steinberg Senior TV EditorEmployees at Fox Corporation had been told to get ready for a return to their offices as soon as January. Now they will wait until at least April.In a memo sent to staffers, Lachlan Murdoch, the company’s executive chairman and CEO, said Fox Corp.

Peter White Television EditorFox has confirmed that it has renewed reality competition format Lego Masters – six months after Fox CEO Lachlan Murdoch revealed that it had begun preparing for a second season.The network has ordered a second run of the 10-part series with host and exec producer Will Arnett returning. It will air in 2021.The show sees pairs of Lego enthusiasts facing off in brick-building challenges.

Michael Schneider Variety Editor at LargeFox has locked “Lego Masters” for a second season. The competition series, hosted by Will Arnett, has already been casting and will shoot in the spring for an airdate sometime in 2021.A pickup has been expected for months, particularly after Fox CEO Lachlan Murdoch revealed that preparation had begun on Season 2 during an investor earnings call in May.

forgo salaries through September in order to help the company weather the effects of the coronavirus pandemic.

Jill Goldsmith Co-Business EditorFox CEO Lachlan Murdoch’s compensation totaled $29.15 million for the fiscal year ended in June — down sharply from $42.11 million the year before.His dad, chairman Rupert Murdoch, took home $33.98 million, also below the $42.16 million for Fox’s fiscal 2019, according to a proxy statement filed with the Securities and Exchange Commission.The dip is due in part to the executives voluntarily agreeing to forgo 100% of their base salaries from May 1 through