Rupert Murdoch's Family Trust Battle Ends in Defeat

1 min read
Source: BBC.com
Rupert Murdoch's Family Trust Battle Ends in Defeat
Photo: BBC.com
TL;DR Summary

Rupert Murdoch's attempt to alter a family trust to give control of his media empire to his eldest son, Lachlan, was denied by a Nevada court commissioner. The case involved Murdoch's children Prudence, Elisabeth, and James, who opposed the change, arguing it was a "carefully crafted charade." The ruling, which found Murdoch and Lachlan acted in "bad faith," is not final and may be appealed. The dispute highlights internal family tensions over the future control of News Corp and Fox News, echoing themes from the TV series "Succession."

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