Rupert Murdoch has control of a business.
Rupert Murdoch . Murdoch thus had full control as Chairman and CEO of global media holding company News Corporation , now the world 's second-largest media conglomerate , and its successors , News Corp and 21st Century Fox , after the conglomerate split on 28 June 2013 . Murdoch 's News Corporation acquired Twentieth Century Fox ( 1985 ) , HarperCollins ( 1989 ) , and The Wall Street Journal ( 2007 ) . Murdoch formed the British broadcaster BSkyB in 1990 , and during the 1990s expanded into Asian networks and South American television . On 1 July 2015 , Murdoch left his post as CEO of 21st Century Fox . In July 2016 , after the resignation of Roger Ailes due to accusations of sexual harassment , Murdoch was named the acting CEO of Fox News .