RUPERT MURDOCH Seals Deal Sever Control of Media Empire to Senest Son | Media News

Legal settlement guarantees that Lachlan Murdoch will control the sprawling media portfolio after the death of the 94 -year -old Mongols.

The Robert Murdoch family has reached an agreement to end the battle of the caliphate, which lasted for years on the media empire in the Mongols.

The deal, announced by News Corp on Monday, will witness the Great Son, the Great Murdoch, the control of a sprawling media portfolio that includes Fox News, The Wall Street Journal, The New York Post and The Times.

The agreement helps to ensure that you maintain the Murdoch Media Breaties Bent characteristics after a long period of the 94 -year -old Patriarch.

Under the settlement, Lachlan, his father’s heir, his young sister, Graoe and Chloe, will benefit from new family confidence that has a controlling stake in Fox Corporation and News Corp.

The deal states that confidence will be in place until 2050.

Voting rights will take “only” with Lachlan, 54, who served as Chairman of the NewS Corp and CEO of Fox since his father stepped down from companies management in 2023.

James, Elizabeth and Baroudens, the three oldest brothers in Lachlan, will give up their shares in the current family box, and have obtained equal division of stock sales.

According to the deal, the three largest siblings will be subject to a “long -term conversation agreement” that prevents them from obtaining the shares of News Corp and Fox Corporation and “taking other measures regarding companies”.

The American media estimated to pay for the three siblings at about $ 3.3 billion.

“The Board of Directors of the News Corp welcomes these developments and believes that leadership, vision and management by the company president, Lachlan Murdoch, will remain important to direct the company’s strategy and success,” News Corp said in a statement.

The settlement of the epic settlement that captured the political and media circles, and compared to the HBO dramatic caliphate conspiracy.

The legal battle erupted on the plans of Robert Murdoch succession in 2023, when the Australian Mongols sought to change the structure of the family’s confidence to give full control of his companies to Lackelan, who is widely seen as more in line with his father’s conservative views of his brother, after his death.

James, Elizabeth and Brouns, who stood up to the equal control of companies alongside Lachlan, took their father to the court to prevent the offer.

In December, the US State Court in Nevada ruled against an attempt to change confidence, describing it as a “carefully designed” Charity “designer” to consolidate “Lancalan Marduk” permanently.