Rupert Murdoch has been officially blocked from making a “Succession-style” ploy to transfer power of NewsCorp directly to his eldest son Lachlan, his chosen successor. This week, a real-life ...
The Murdoch family trust ... Rupert also symbolically stepped down as head of Fox, naming Lachlan as his successor and the new chief of both Fox Corp and News Corp. Throughout the court ...
In a rift that is reminiscent of HBO's smash-hit TV series "Succession," Murdoch and his eldest son Lachlan are fighting it out in the courts to make sure the latter is able to control News Corp ...
A Nevada commissioner denied a request by Rupert Murdoch and his oldest son, Lachlan, to amend their family's irrevocable trust so the patriarch's other three eldest children — Prudence ...
Lachlan, Rupert’s eldest son, is the successor to the media empire. He will soon become the chairman of both companies – News Corp. and Fox Corp. when Rupert Murdoch retires. Lachlan was the ...
Love you, Lachlan.” To solidify Lachlan as his successor, Murdoch had to prove that the changes are being implemented in good faith, with the purpose of benefiting all of the trust’s members.
A Nevada commissioner has shot down Rupert Murdoch’s effort to change his family trust to give full control of his media empire to his eldest son, Lachlan, in order to ensure Fox News would ...
The trust divides control of the company equally among four of Rupert Murdoch’s children — Prudence, Elisabeth, Lachlan and James — after he dies. Lachlan Murdoch has been the head of Fox ...
The aim? To strip three of his children out of an irrevocable family trust and consolidate power with his eldest son and chosen successor: Lachlan Murdoch.
Billionaire business mogul Rupert Murdoch lost a bid this week to change a family trust to consolidate control of his media company around his eldest son Lachlan. A Nevada commissioner ruled ...
(CNN) — Rupert Murdoch cannot amend his family trust to put the power of his media companies in the hands of his chosen successor ... and his chosen son, Lachlan Murdoch, according to a person ...