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Murdoch's Eldest Son Keeps Control of Media Empire as Succession Battle Ends
The Straits Times
|September 10, 2025
The Murdoch family's epic, decades-long succession battle has reached a multibillion-dollar finale.
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LOS ANGELES -
The family has reached a deal that will see Mr. Rupert Murdoch's politically conservative eldest son Lachlan Murdoch cement control of the family media empire, which includes Fox News and The Wall Street Journal.
The agreement, announced on Sept. 8, 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 the Murdoch media outlets.
Under the deal, Mr. Rupert Murdoch's children James Murdoch, Elisabeth Murdoch, and Prudence MacLeod will receive cash from the sale of about 16.9 million shares of Fox Class B voting stock and about 14.2 million shares of News Corp's Class B common stock.
Bu hikaye The Straits Times dergisinin September 10, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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