Media mogul’s three adult children will retain control despite attempt to give his son Lachlan complete control

Summary

Rupert Murdoch’s attempt to give his son Lachlan complete control over his media empire has failed.

A Nevada court ruled against Murdoch, stating he acted in bad faith and attempted to manipulate the family trust.

This decision, if upheld, will likely impact the future of Murdoch’s right-wing media empire, including Fox News and the Wall Street Journal.

  • @[email protected]English
    91•2 days ago

    Let’s hope they do the classic rich spoiled kids thing and drive the entire thing into the ground with pointless infighting and power struggles.

    • @[email protected]
      56•2 days ago

      If I remember correctly, the reason for all this was that his other kids really aren’t on board with daddy’s political opinions, and would be able to overrule their brother. We’ll see how it turns out.

        • @Clinicallydepressedpoochie
          3•1 day ago

          If CNN and Fox flip it will be so funny. Your liberal grandma being all upset about trans people and wokeness and your conservative grandpa rooting for universal healthcare.

          • @[email protected]
            1•15 hours ago

            Amongst my kin its actually the business owning conservatives that are the most pro universal healthcare. They really dont like the insurance companies, also itd be cheaper for them.