Rupert Murdoch and four of his children on Monday went before a Nevada probate commissioner behind closed doors to an evidentiary hearing that could decide who controls Murdoch's media empire after ...
The yearslong succession battle over News Corporation is coming to an end, with the media company announcing Monday that the beneficiaries of the Murdoch Family Trust reached a “mutual resolution.” ...
After Rupert Murdoch, 94, tried to change his irrevocable family trust to ensure the control goes to his oldest son, Lachlan, after his death, three of his other children brought a lawsuit. Now, the ...
A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight ...
Rupert Murdoch’s family has reached a deal on control of the 94-year-old mogul’s media empire after his death, ensuring no change in direction at Fox News, the most popular network for President ...
It has been a pretty good week for Rupert Murdoch, who on Monday successfully exercised power over his offspring, securing the future of his media empire in an agreement that put to bed a yearslong ...
“Thank you very much for having me, and sorry for the delay,” said Fox CEO Lachlan Murdoch, appearing quite late to a Goldman Sachs media conference two days after consolidating control over his ...
Rupert Murdoch, 94, has anointed Lachlan Murdoch, his oldest son, as leader for decades to come, of a conservative media empire that includes Fox News, the The Wall Street Journal and the New York ...
The Fox Corp. CEO says the deal will ensure that the company's strategy is "clear" and "sustainable." By Alex Weprin Senior Editor Fox Corp. CEO Lachlan Murdoch says that his family’s blockbuster $3.3 ...
“It shows our strategy will be consistent. It’s clear, and it’s very sustainable,” he said. In the months and years ahead, he continued, “We can be very focused on returning capital to investors,” as ...