A little over a year after News Corp. bought Shine Group—a television and film production company owned by Elisabeth Murdoch—she is stepping down as its CEO, choosing Alex Mahon as her successor.
Dame Elisabeth Murdoch
Elisabeth Murdoch collected a whopping $214 million from the sale of her TV production company, Shine Group, earlier thi
The possibility that Rupert Murdoch would choose to close a 168-year-old newspaper, a profitable one at that, is nil. It’s just that the man at the top, who once called all the shots himself, isn’t alone anymore. News Corp is a family-run company—and, more and more, a family imbroglio. Some of the intrigue: