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The issue of succession began in December 2023, when Rupert Murdoch applied to change the terms of his "irrevocable" family trust (established in 1999, as the Murdoch Family Trust, or MFT) to ensure that Lachlan would have full control over News Corp, a mass media and publishing company that manages hundreds of assets, rather than his three ...
The litigation over the family trust exposed a rift in the Murdoch family, which had a falling out over a political disagreement after Rupert and Lachlan Murdoch pushed Fox News further to the ...
Rupert Murdoch cannot amend his family trust to put the power of his media companies in the hands of his chosen successor, a Nevada commissioner has ruled. The probate commissioner, who heard ...
Rupert Murdoch’s eyebrow-raising attempt to restructure the family trust that governs Fox Corp. and News Corp. was rebuked last week in probate court in Las Vegas, thwarting — at least for now ...
(Reuters) -Rupert Murdoch has lost a bid to change his family trust to consolidate control of his media empire in the hands of his son Lachlan, the New York Times reported on Monday, citing a ...
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 ...
A probate commissioner has ruled against Rupert Murdoch’s effort to change his family’s trust to give one of his sons control of his media empire and ensure Fox News maintains its conservative ...
Though the Murdoch family is fighting over the trust and who will ultimately have control of the family businesses after the 93-year-old’s death, all of those involved agreed to sealing the case.