Lachlan Murdoch will take control of a new family trust in a deal worth $3.3 billion, ensuring that his father’s media empire will retain its conservative slant.
Category: Murdoch, Elisabeth
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Inside the Murdochs’ Succession Drama
More than 3,000 pages of documents reveal how years of betrayals led to a messy court battle that threatens the future of Rupert’s empire.
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Rupert Murdoch’s Appeal to Alter Family Trust Faces Uphill Battle
Mr. Murdoch’s appeal over whether he can consolidate his son Lachlan’s power over his media empire is due just before Christmas.
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How Rupert Murdoch Could Fight Back After a Big Legal Defeat
Rupert Murdoch lost a bid to rewrite a family trust to give his son Lachlan control of his empire after he dies. But the nonagenarian media titan plans to appeal.
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The Murdoch Family’s Game of Thrones
The battle between the media mogul and three of his children over control of his empire has big ramifications for politics, media and more.
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The Murdoch Family Is Battling Over the Future of the Fox Empire
Rupert Murdoch, the patriarch, has moved to change the family’s irrevocable trust to preserve his media businesses as a conservative force. Several of his children are fighting back.
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Is Rupert Murdoch Really Moving on from Fox and News Corp?
The 92-year-old media tycoon is set to become chairman emeritus of Fox and News Corporation, but he still wields considerable power over the empire he built.