Rupert Murdoch's Declining Influence in a Changing Media Landscape

Rupert Murdoch, the long-standing powerhouse in the media industry, is facing a changing landscape where the sands of power are shifting and dissolving under him. At the age of 92, he has announced his retirement, partly due to age and partly due to the shifting dynamics in the media business working against him. Murdoch, once seen as a puppet master, is now portrayed as a forlorn figure, mumbling and getting calls wrong, being bullied by his children. His legacy is confounding as it includes Donald Trump's rise to power through Fox News, a man Murdoch detests and has always had contempt for. The decline of his newspaper empire and the challenges faced by cable television, a declining business, further weaken his influence. The power in the media business is now being set in the technology sector, although it lacks strong narratives. Murdoch's beloved newspapers are absent from his recent focus, except for the profitable Wall Street Journal. Fox News, still influential, is also facing challenges with the departure of key figures like Tucker Carlson, and its grip on conservative audiences is also showing signs of wavering.