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Fox News and The Wall Street Journal owners embroiled in family feud, heading to court


The battle for control of Rupert Murdoch’s global media empire is heating up in Reno, Nevada. Murdoch is seeking to change the terms of an irrevocable trust so that his eldest son, Lachlan, can inherit his throne and maintain control of assets like Fox News and The Wall Street Journal. However, Murdoch’s other children – James, Elisabeth, and Prudence – are pushing back, insisting on equal voting shares.

The family dispute will be heard in court next week, with proceedings and filings being kept confidential. The family’s political differences are also reflected in their views on the future direction of the media empire. Lachlan is aligned with his father’s conservative views, while James, Elisabeth, and Prudence are more politically moderate.

Murdoch wants to consolidate decision-making power in Lachlan’s hands, fearing that a lack of consensus among the siblings could lead to a reorientation of editorial policy and content. A probate commissioner in Nevada has indicated that Murdoch could change the trust if he acts in good faith for the benefit of his heirs.

If Lachlan takes control, Fox News is likely to maintain its conservative stance as a key player in Republican politics. The network has been closely tied to former President Donald Trump and faced legal action from Dominion Voting Systems over election fraud claims. Murdoch sees Lachlan as the sibling who can balance business interests with ideological goals, ensuring the continued influence of Fox News.

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www.nbcnews.com

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