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92 year old Rupert Murdoch is stepping down as chairman of Fox and News Corp

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Media mogul Rupert Murdoch is stepping down from News Corp and Fox Corp, the companies he spent the last 50+ years building.

While he's still staying on as chairman emeritus, his eldest son, Lachlan will be taking control of the companies.

To take a closer look, KCBS Radio's Eric Thomas and Margie Shafer spoke with Jeff Jarvis, Media commentator and journalism professor at the City University of New York and Author of the book Gutenberg Parenthesis.

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