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Lachlan Murdoch

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Anna Murdoch-Mann: author, philanthropist and matriarch of a media dynasty dies at 81
world5 days ago

Anna Murdoch-Mann: author, philanthropist and matriarch of a media dynasty dies at 81

Anna Murdoch-Mann, author and philanthropist and former wife of Rupert Murdoch, died at 81 at her Palm Beach, Florida home. She helped shape News Corp during their 31-year marriage and had three children, including Lachlan, who now chairs the company; after their split Rupert remarried Wendi Deng and Murdoch-Mann was briefly removed from the News Corp board. She later remarried, authored three novels, and was active in philanthropy and Catholic charitable work.

via The Guardian|
#anna-murdoch-mann#lachlan-murdoch#news-corp
Lachlan Murdoch Secures Control in Family Media Succession
business5 months ago

Lachlan Murdoch Secures Control in Family Media Succession

Lachlan Murdoch, Rupert Murdoch's eldest son, has been officially designated as the future leader of the Murdoch media empire, which includes Fox News and News Corp., following a long-standing rivalry with his brother James. Born in London and raised in New York, Lachlan has spent much of his life in Australia and the U.S., and has been involved in the family's media businesses since 1994. He is seen as more conservative and less politically active than his father, focusing on maintaining the center-right stance of the media outlets under his leadership, and has overseen significant financial success for the empire.

via NPR|
#business#fox-news#lachlan-murdoch
Murdoch's Trust Battle Mirrors "Succession" Drama
business1 year ago

Murdoch's Trust Battle Mirrors "Succession" Drama

Rupert Murdoch's attempt to amend his family trust to ensure his son Lachlan maintains control of his media empire was rejected by a Nevada probate commissioner. The decision, which found Murdoch acted in "bad faith" by trying to exclude Lachlan's siblings from control, could impact the conservative direction of Murdoch's media outlets. The ruling now awaits a district judge's decision, and Murdoch may explore other options to secure Lachlan's leadership.

via ABC News|
#business#family-trust#lachlan-murdoch
business1 year ago

Murdoch's Trust Battle Mirrors 'Succession' Drama

A Nevada probate commissioner has rejected Rupert Murdoch's attempt to amend his family's trust to give his son Lachlan control of the media empire, including Fox News, to ensure its conservative stance. The ruling, described as a "carefully crafted charade," maintains equal control among Murdoch's four children. Rupert and Lachlan Murdoch plan to appeal, while the other siblings welcome the decision, hoping to rebuild family relationships.

via ABC News|
#business#conservative-media#family-trust
Rupert Murdoch's Succession Plans Thwarted Amid Family Trust Dispute
media1 year ago

Rupert Murdoch's Succession Plans Thwarted Amid Family Trust Dispute

A Nevada probate commissioner has blocked Rupert Murdoch's attempt to amend his family's trust to give his son, Lachlan Murdoch, control of his media empire, including Fox News, to maintain its conservative stance. The commissioner ruled that Murdoch and his son acted in "bad faith" in their efforts to change the irrevocable trust, which currently divides control equally among Murdoch's four children. The decision was welcomed by Murdoch's other children, who have less conservative views, while Murdoch plans to appeal the ruling.

via CBS News|
#conservative-media#fox-news#lachlan-murdoch
business1 year ago

Rupert Murdoch's Bid to Alter Family Trust for Media Empire Control Rejected

A Nevada probate commissioner has rejected Rupert Murdoch's attempt to amend his family trust to give his son Lachlan control of his media empire, including Fox News, to ensure its conservative stance. The ruling, described as a "carefully crafted charade," maintains equal control among Murdoch's four children. Murdoch plans to appeal, while his other children welcome the decision, hoping to strengthen family relationships.

via ABC News|
#business#conservative-media#family-trust
Rupert Murdoch's Family Trust Change Bid Rejected
business1 year ago

Rupert Murdoch's Family Trust Change Bid Rejected

Rupert Murdoch's attempt to amend his family trust to favor his son Lachlan as the successor of his media empire has been blocked by a Nevada probate commissioner. The ruling, which followed secret testimonies from Murdoch family members, criticized Rupert and Lachlan for acting in "bad faith". The proposed amendment would have given Lachlan control over the media companies, aligning with Rupert's conservative views, but was contested by his other children. The decision has intensified family tensions, reminiscent of the TV series "Succession".

via CNN|
#business#family-trust#fox-news
Murdoch's Bid to Alter Family Trust for Media Control Denied
business1 year ago

Murdoch's Bid to Alter Family Trust for Media Control Denied

Rupert Murdoch's attempt to amend his family trust to ensure his son Lachlan gains sole control of his media empire after his death has been blocked by a Nevada probate commissioner. The request was opposed by Murdoch's other children, Prudence, James, and Elisabeth, who are set to jointly inherit control under the current trust terms. The commissioner ruled that Murdoch and Lachlan acted in "bad faith" to favor Lachlan, revealing a family rift over the future of the conservative-leaning media empire.

via Los Angeles Times|
#business#family-trust#inheritance
Rupert Murdoch's Attempt to Alter Family Trust Control Rejected
business1 year ago

Rupert Murdoch's Attempt to Alter Family Trust Control Rejected

Rupert Murdoch's attempt to alter his family's trust to secure his son Lachlan's control over his media empire has been rejected by a Nevada probate commissioner. The decision, which Murdoch's other children opposed, was deemed a "carefully crafted charade." The case will now proceed to a district judge for further consideration. The trust, established during Murdoch's divorce from his second wife, is central to a family dispute over the future direction of the media empire, which includes Fox News and the Wall Street Journal.

via The Washington Post|
#business#family-trust#lachlan-murdoch