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Rupert Murdoch loses battle to control succession to his media empire
Media mogul’s three adult children will retain control despite attempt to give his son Lachlan complete control
The 96-page opinion lambasts the media mogul, according to the Times, accusing him of organizing a “carefully crafted charade” to “permanently cement Lachlan Murdoch’s executive roles” inside the empire “regardless of the impacts such control would have over the companies or the beneficiaries” of the family trust. If the decision holds, it is likely to have a major impact on the future of the rightwing media empire, which includes Fox News, the Wall Street Journal, the Times and the Sun in the UK and the Australian. Meanwhile, Lachlan, who took over as chair of News Corp in 2023, has privately voiced political opinions similar to his father and has attached himself to the growth in ratings and sales the media empire has seen since Trump’s rise in 2015, according to multiple reports.
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