Media mogul told staff he was leaving after seven decades and ‘take on different roles’

Full report: Rupert Murdoch to quit as Fox and News Corp chair

This is the moment Fox News announced Rupert Murdoch’s decision to step down as chairman of his media empire:

In response to the announcement, Fox said, “We’d like to add our gratitude as well. Rupert Murdoch created all of this and so much more across America and the globe.