Essayer OR - Gratuit
After succession deal, Lachlan Murdoch takes control, siblings get cash
Business Standard
|September 10, 2025
The Murdoch family has reached a deal that will see Rupert Murdoch's politically conservative eldest son Lachlan Murdoch cement control of the family media empire that includes Fox News and the Wall Street Journal.
The agreement, announced on Monday, ends a family brawl over who will control one of the most high-profile global media groups and puts to rest questions of succession within the Murdoch family after its patriarch's death.
The drama is considered to be one of the inspirations for the television series 'Succession', about the infighting of the members of a media dynasty. Its real-life resolution preserves the conservative tilt of Murdoch's media outlets.
Under the deal, Rupert's children James Murdoch, Elisabeth Murdoch and Prudence MacLeod are each expected to receive about $1.1 billion in proceeds, according to a source.
They agreed to sell their personal holdings in Fox and News Corp over a period of six months, according to the announcement.
Cette histoire est tirée de l'édition September 10, 2025 de Business Standard.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Business Standard
Business Standard
Maruti, Hyundai grip wheel in a turning market
Exports, lean costs, and tax cuts keep growth engines humming, but next bend will call for sharper steering
2 mins
November 03, 2025
Business Standard
Fighting the Raj from America
In the years before World War I, a wave of Indian immigrants arrived in the United States (US) seeking work.
4 mins
November 03, 2025
Business Standard
Your credit is easier to steal than your money
TRUTH BE TOLD
3 mins
November 03, 2025
Business Standard
Govt taps IISc to boost critical minerals research
The Ministry of Mines has recogni-sed the Indian Institute of Science (IISc), Bengaluru, as one of the centres of excellence (CoE) under the National Critical Minerals Mission, a ₹16,300-crore initiative to bolster the country’s self-reliance in minerals essential for clean energy, defence and advanced technologies.
1 min
November 03, 2025
Business Standard
Trump threatens military action against Nigeria over ‘killing of Christians’
President Donald Trump threatened possible US military action against Islamist militants in Nigeria if the country's government doesn't halt the groups' \"killing of Christians\".
1 min
November 03, 2025
Business Standard
TFCI's growth drivers: Hotels, real estate, MSME solar
The Tourism Finance Corporation of India (TFCI) is seeing strong demand for hospitality and real estate funding and plans to expand into new areas, such as micro, small, and medium enterprise (MSME) solar financing for the tourism sector, said Anoop Bali, managing director and chief executive officer of TCI, in an interview with Harsh Kumar in New Delhi.
2 mins
November 03, 2025
Business Standard
Saudi Arabia's flyadeal to start India flights in Q1 of 2026: CEO
Bullish on the fast-growing Indian aviation market, Saudi Arabia's no-frills carrier flyadeal will start flights to Indian cities, including Mumbai, from the first quarter of 2026.
1 min
November 03, 2025
Business Standard
Use passive funds to build stable, diversified, long-term core portfolio
Avoid need to chop and change funds due tounderperformance; supplement with active funds in satellite portion
3 mins
November 03, 2025
Business Standard
Dubai's kids entertainment brand to debut in India in '26
Kids' luxury entertainment space, Boo Boo Laand, which is present in Dubai Mall, is expected to enter India by 2026, with its first launch in Mumbai's Jio World Plaza, a luxury shopping mall.
1 min
November 03, 2025
Business Standard
GST cut sees 2W owners upgrade to Maruti small cars
The share of small cars in Maruti Suzuki India has gone up sharply after the GST reforms, with the country’s largest carmaker witnessing a new profile of customers this festival season, who want to upgrade from two-wheelers to their first car buoyed up by the recent tax cuts.
2 mins
November 03, 2025
Listen
Translate
Change font size