(FILES) This March 2, 2014 file photo shows Rupert Murdoch as he arrives to the 2014 Vanity Fair Oscar Party in West Hollywood, California. Rupert Murdoch's 21st Century Fox announced JUne 16, 2015 a shakeup that puts the 84-year-old tycoon's son James in the chief executive job effective July 1. The board of the media-entertainment conglomerate approved the plan in which the Australian-born magnate would step out of his CEO role and become co-executive chairman with his other son Lachlan, a company statement said, confirming leaks from sources last week. AFP PHOTO/ADRIAN SANCHEZ-GONZALEZ