Lachlan Murdoch will succeed Rupert Murdoch as chairman of both Fox Corporation and News Corp, the elder Murdoch announced on Thursday. In a statement, Lachlan congratulated his father on a "remarkable 70-year career." It's certainly a poetic storyline in 2023, given that HBO's hit series Succession, the drama inspired by the Murdoch family, ended in May with someone new atop the fictional throne.