The Battle of Robert Murdoch has ended in real life, just in a deal with billions of dollars that maintain Fox and Wall Street Journal.

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Robert MurdochA long battle of time ended on the future of his media empire, with a comprehensive settlement, conveying control over Fox News and Wall Street Magazine For his eldest son, Lachlan Murdoch, while Other heirs Exit from the confidence of the family that controls the outlets in exchange for huge batches.

The deal, which is worth millions of dollars, puts an end to the legal disputes that have acquired global attention and fixed a clear future for companies at the American and International News Center.

The settlement is restructuring the Murdoch family fund, which is called irreversible confidence in the litigation center that incited Robert and Laqlan on one side and other children from Robert, Brobert McCloid, Elizabeth Murdoch, and James Murdoch, on the other hand. The legal conflict arose when Robert went to the court to try to change confidence, and move from the structure of equal voting shares that the four siblings keep to one with the control that Lachlan maintains.

Under the settlement, the voting control will rest on TRST classes with Lachlan, who will remain president and executive director of Fox Corporation and will take over the role of a newly created administrative director. The 94 -year -old Robert will continue with a personality head capacity as an honorary president of companies, while maintaining the festive leadership but there is no direct control of the vote.

According to News Corp.McCloid, Elizabeth Murdoch and James Murdoch will come out as beneficiaries of any shares in basic public companies. Each of them will obtain a large cash consideration in part by public sales revenues of about 16.9 million Fox Corporation and 14.2 million shares of Corp Class B that was previously kept by MFT.

At the current market values ​​of $ 56.81 for FOX and $ 29.94 for NewS Corp, the returns will be about $ 1.4 billion each. but New York TimesFirst to submit reporting the conflict decision, he was martyred by a person familiar with the matter that he said that the entire deal reaches 3.3 billion dollars, as each of the three brothers get $ 1.1 billion.

The remaining basic value of the old confidence of the new confidence that the Lachlan Murdoch and Ruert Murdoch will benefit from the younger, Grace and Chloe (children with the former wife Wendi Deng), creating control through their car, LGC Holdco, LLC.

LGC Holdco will retain 36.2 % of the Fox Corporation of the B and about 33.1 % of the NewS Corp. shares.

“Caliphate” settlement

The battle that was played behind the closed doors in Renault Burch Court in NevadaThe most lenient place for such matters in the United States, is similar to a strike HBO Display successionIt is widely rumored that it depends on the Murdoch family. In reality, New York Times I mentioned In December 2024, Murdoch’s brothers saw the program themselves and formed a public relations strategy in response to them, reminding them of their father. In the end, the court rejected what was called “Shouting

The News Corp Council explicitly welcomed the clarity presented by the new structure, noting that “Lachlan leadership, vision and management … will remain important to direct the company’s strategy and success.”

Industry analysts say that the settlement guarantees that Fox News will keep its conservative editorial guidance under the supervision of Lachlan, which has maintained the strict Fox position since it was assumed Driving position on the network in 2016. Wall Street MagazineBesides other News Corp assets, it will also remain under the same strategic vision, with no signal to a significant change in the governance or direction of the content.

In addition to the strategic clarity of the Murdoch Media Empire, this deal was resolved It is possible that the chaotic civil war is It could have been followed if the siblings wrestled with control between them. James Murdoch, who appeared with his sisters K. A more liberal character From his father and brother, it was She mentioned that she supports Whoever suppresses Fox News is more conservative, if he dedicates the position of leadership.

For this story, luck The artificial intelligence is used to help with a preliminary draft. Check an editor of the accuracy of the information before publishing.



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