Audio By Carbonatix
Media mogul Rupert Murdoch is engaged in a legal battle against three of his children to ensure that his eldest son and chosen successor, Lachlan Murdoch, will remain in charge of his media empire, the New York Times reported on Wednesday.
Murdoch is trying to expand Lachlan Murdoch’s voting power in the Murdoch Family Trust to secure a majority and ensure that he cannot be challenged by the siblings, the report said, citing a sealed court document.
The Reno, Nevada-based family trust holds the family's shares in Murdoch's vast collection of television networks and newspapers through the companies News Corp and Fox Corp.
Lachlan Murdoch is chairman of News Corp, whose publications include the Wall Street Journal and the Sun, and chair and chief executive of Fox Corp.
The trust currently has eight votes: four controlled by Murdoch, and the remaining four controlled by the four children from his first two marriages. Murdoch’s youngest daughters, Chloe and Grace, from his third wife, Wendi Deng, do not have voting rights in the trust.
In court, Murdoch is arguing that having Lachlan Murdoch run the company without interference from his more politically moderate siblings - James, Elisabeth and Prudence Murdoch - will help preserve its conservative editorial stance, thus protecting the commercial value for all his heirs, the report said.
Fox Corp, News Corp, and Murdoch's lawyer did not respond to Reuters requests for comment while the lawyer for the three children involved in the legal battle could not immediately be reached.
Fox News continues to be the number one U.S. cable news network, playing an influential role in U.S. politics, particularly among Republicans who prize Fox's conservative-leaning audience.
Murdoch was worried that a "lack of consensus" among his four children “would impact the strategic direction at both companies including a potential reorientation of editorial policy and content,” the report said, adding that he also wishes to hand Lachlan Murdoch "permanent" and "exclusive" control over the company, citing the court's decision.
Latest Stories
-
Power restoration fault suspected in Kumasi Central Market fire
4 hours -
The 7-foot giant of Ngleshie Amanfro: Seven-foot Ghanaian Ephraim Saawa dreams of joining the national basketball team
5 hours -
Government promises support for Kumasi Central Market fire victims
5 hours -
Vibes The Movie: Big Ghun’s Ghanaian film earns five nominations at 2026 REFFA
5 hours -
MamaCare CEO warns unresolved conflicts among health workers could undermine maternal and neonatal care
6 hours -
Health professionals urged to translate medical knowledge into practice to save mothers
6 hours -
Conflicts among care providers linked to maternal, neonatal deaths – Expert
7 hours -
GIS marks 10th TIME conference, champions improved teaching practices
7 hours -
BRICS Or Balance? What Ghana’s bid really means
8 hours -
GPRTU wants full TRAFFITECH-GH implementation to start in 2027
8 hours -
How 10-mile walks for basic education birthed a 50-year legal career for Justice Korbieh
8 hours -
Mahama announces plans to import electric wheelchairs for PWDs
8 hours -
KGL U17 Colts 2026: Western beat Prempeh Elite Academy to set up final final with Greater Accra Region
9 hours -
Late Solanke strike salvages 10-man Spurs draw at Man United
9 hours -
Gender Ministry to monitor welfare of Nana Akua Addo’s children amid domestic violence case
9 hours