Media mogul’s three adult children will retain control despite attempt to give his son Lachlan complete control

Summary

Rupert Murdoch’s attempt to give his son Lachlan complete control over his media empire has failed.

A Nevada court ruled against Murdoch, stating he acted in bad faith and attempted to manipulate the family trust.

This decision, if upheld, will likely impact the future of Murdoch’s right-wing media empire, including Fox News and the Wall Street Journal.

  • Chozo@fedia.io
    59·
    3 days ago

    Was really hoping the headline would’ve read “loses battle to cancer”.

    • Dwayne_Elizondo_Mountain_Dew_Camacho@sh.itjust.works
      13·
      2 days ago

      I find this to be actually better: his empire will either be split up and weakened by the kids infighting, or turned into something completely against everything he worked all his life to accomplish.

      We get the added bonus that he will know this, think about it, and be angry about it, until the day he dies.

      I, for one, am very happy.

      • madcaesar@lemmy.world
        1·
        1 day ago

        In my lifetime everything right wing has gotten worse. Whenever people hope for better it gets worse… Watch FOX news get over by a literal Nazi and cut to us hoping it goes back to the “sane” days of the Murdochs…