Updated 11th June 2015 16:57 clock

Rupert Murdoch

Rupert Murdoch | © Jason Reed / Getty Images

Rupert Murdoch, the Australian-American media entrepreneur will no longer be at the forefront of the company’s 21st Century Fox, according to US media reports. The report the CNBC and CNN consistently relying on Murdoch’s environment. The 84-year-old wants the chairmanship passed accordingly to his 42-year-old son James. The Personnel on request from ZEIT ONLINE initially not

According to CNBC billionaire wants to remain chief executive of the Board but. The Group confirmed. He can continue to intervene in the affairs of the Group. According to CNN, a source spoke of a “change of title”, the last word should continue to have Rupert Murdoch.

The changes in the management team will be announced at the next board meeting next week. When the change actually comes into force, is still unclear.

Murdoch had split his media empire News Corp two years ago. The profitable film and television companies were doing under the name 21st Century Fox from the partially ailing newspaper and book publishers separated.