Rupert Murdoch Rupert Murdoch

Rupert Murdoch is selling off TV and entertainment assets at 21st Century Fox as he faces deep-pocketed competitors and tensions between his sons. Adrian Sanchez-Gonzalez/AFP/Getty Images hide caption

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Adrian Sanchez-Gonzalez/AFP/Getty Images

This Mouse Swallows Part Of A Fox: Disney Buys Most Of Murdoch Empire

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Fox News ceased broadcasting in the UK on Tuesday. Its parent company, 21st Century Fox, is trying to get government approval for its takeover bid of European media giant Sky. Above, headlines scroll across the Fox News studios in New York earlier this month. Richard Drew/AP hide caption

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Richard Drew/AP

Rupert Murdoch (left) with Fox News co-presidents Jack Abernethy and Bill Shine today. Last week, Fox News fired Bill O'Reilly in a move to save a $14 billion dollar deal. Mark Lennihan/AP hide caption

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Mark Lennihan/AP

Beyond Sexual Harassment, Lesser Known Scandals Could Cost The Murdochs A $14B Deal

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Wall Street Journal editor-in-chief Gerard Baker. Andrew Burton/Getty Images hide caption

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Andrew Burton/Getty Images

'Wall Street Journal' Editor Defends Trump Coverage At Staff Meeting

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Fox News CEO Roger Ailes in his New York City studios in 2006. Ailes served as CEO from Fox News' first day in 1996. Jim Cooper/AP hide caption

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Jim Cooper/AP

Roger Ailes' Unparalleled Impact On The Public Sphere

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Fox News CEO and Chairman Roger Ailes and his wife, Elizabeth Tilson, leave the News Corp. building in New York on Tuesday. Ailes is stepping down from his role and Rupert Murdoch will be taking over as chairman and acting CEO. Drew Angerer/Getty Images hide caption

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Drew Angerer/Getty Images

Fox News Channel chief Roger Ailes attends a 2012 Hollywood Reporter celebration of "The 35 Most Powerful People in Media" in New York City. Stephen Lovekin/Getty Images hide caption

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Stephen Lovekin/Getty Images

Stakes Are Raised In Sexual Harassment Suit Against Fox News Chief Ailes

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Jerry Hall and Rupert Murdoch, seen here arriving at the Golden Globe Awards in Beverly Hills, Calif., Sunday, are engaged to be married. Jordan Strauss/Jordan Strauss/Invision/AP hide caption

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Jordan Strauss/Jordan Strauss/Invision/AP

Rupert Murdoch (center) and his sons Lachlan (left) and James (right) are seen in a combination of file photos. Rupert Murdoch, the head of News Corp. and the Fox media empire, says he will hand over the reins of the company. Jason Reed/Reuters/Landov hide caption

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Jason Reed/Reuters/Landov