All articles tagged with #media empire
The Murdoch family is experiencing deep divisions following a court settlement that cut Elisabeth, James, and Prudence out of the family business, with ongoing tensions and irreconcilable differences between Rupert Murdoch and his children, especially with Lachlan now leading the company and the family fractured both privately and corporately.
The Ellison family, led by billionaire Larry Ellison and his son David, is building a vast and diverse media empire through major deals involving CBS, Paramount, TikTok, and online media, with plans to influence the future of U.S. business and culture, amid political and cultural shifts.
Larry Ellison, co-founder of Oracle, is emerging as a new media mogul with investments in the American version of TikTok and plans to control a vast media empire including CBS, Paramount, Warner, CNN, and TikTok, leveraging his wealth and influence in a changing regulatory landscape.
Lachlan Murdoch has secured control over his family's media empire, including Fox and News Corp, after a long-standing dispute, positioning him as a powerful figure in global media.
Lachlan Murdoch has solidified control over the Murdoch media empire after a $3.3 billion settlement, ending a family succession dispute and paving the way for aggressive dealmaking and strategic expansion in a changing media landscape, with Lachlan's influence set to shape the future of Fox and News Corp.,
Rupert Murdoch's family has reached a deal to control his media empire through a trust, with Lachlan Murdoch as the primary controller, ensuring stability and continuity at Fox News after Rupert's death, and resolving a family dispute over control and direction of the company.
Rupert Murdoch and his son Lachlan have reached a deal with Murdoch's other children to resolve a legal dispute over the future control of the family media empire after Murdoch's death.
Lachlan Murdoch has finalized a $3.3 billion deal to gain control of the Murdoch family media empire, ensuring its conservative stance and long-term leadership until 2050, resolving a decades-long family succession dispute.
Shari Redstone, after decades of fighting to control her family's media empire, Paramount, finally sold her stake to Skydance Media in 2024, relinquishing her control of the company she once fought to lead, in a deal valued at $8 billion that included significant personal payments.
Critical Role celebrates its 10th anniversary, highlighting its journey from a small home game to a multimedia empire with live shows, spin-offs, and an animated series, all driven by a close-knit group of friends who prioritize fun and friendship while expanding the actual play genre of entertainment.
Shari Redstone, controlling shareholder of Paramount Global, announced she was diagnosed with thyroid cancer this spring and underwent surgery, while also managing a legal battle involving a lawsuit filed by President Trump against CBS, her media division.
Rupert Murdoch's attempt to secure his media empire for his son Lachlan has sparked a family feud, highlighting the complex dynamics within the Murdoch family. The struggle involves ideological clashes and business interests, particularly concerning Fox News, a key player in US conservative politics. Murdoch's efforts to amend the family trust to favor Lachlan have been challenged legally, leading to further estrangement from his other children. The situation mirrors themes from the TV show 'Succession,' with potential implications for the future of the Murdoch media empire.
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.
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."
Rupert Murdoch has lost a significant legal battle, casting uncertainty over the future of his media empire. The outcome of this case could have far-reaching implications for the structure and control of his media holdings.