Rupert Murdoch's conservative son wins succession battle

Lachlan Murdoch will get control over the media empire that includes Fox News and The Wall Street Journal following his father's death, while his siblings will receive payouts

Peter Weber, The Week US's avatar
By
published

Rupert Murdoch's children during succession battle
Siblings Prue, Liz and James were apparently 'eager to break' from the conservative dynasty
(Image credit: Emily Najera /Bloomberg via Getty Images)

What happened

The family of media mogul Rupert Murdoch announced Monday they have resolved their yearslong battle over control of Fox News, The Wall Street Journal and other media properties. Under the terms of the deal, Murdoch's politically conservative son, Lachlan, will have sole control of the trust that controls the media empire after the 94-year-old patriarch's death, while Lachlan's siblings James, Elisabeth and Prudence will each receive payouts of about $1.1 billion.

The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up
Latest Videos From
Peter Weber, The Week US
Peter Weber, The Week US

Peter has worked as a news and culture writer and editor at The Week since the site's launch in 2008. He covers politics, world affairs, religion and cultural currents. His journalism career began as a copy editor at a financial newswire and has included editorial positions at The New York Times Magazine, Facts on File, and Oregon State University.