JOURNAL ARTICLE

Murdochs' Settlement Leaves Lachlan Atop Family Media Empire.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Miller, Hannah 3 of 3

Abstract

The article discusses the settlement of litigation involving Rupert Murdoch and his children over a trust that controls Fox Corp. and News Corp., ensuring that Lachlan Murdoch remains in charge of the media empire. As part of the agreement, Rupert's three eldest children—Prudence, Elisabeth, and James—will no longer be beneficiaries of the trust but will receive $1.1 billion each. The settlement solidifies Lachlan's control over the companies, which include prominent entities like the Wall Street Journal and Fox News, amidst a backdrop of family disputes and legal challenges regarding the trust's management. The article also highlights the recent successes of Fox News and News Corp. in the media landscape. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/09, pN.PAG
  • Document Type:Article
  • Subject Area:Biography
  • Publication Date:2025
  • Accession Number:187816210
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