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Rupert Murdoch's attempt to change his family's trust over Fox News media empire control rejected


Published on 2024-12-10 08:24:31 - MSN
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  • 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 editorial slant,

Rupert Murdoch's attempt to modify the family trust that controls his media empire, including Fox News, has been rejected by his children from his first two marriages, Lachlan, James, Elisabeth, and Prudence. The proposed changes would have allowed Murdoch to vote on behalf of his four oldest children, potentially giving him more control over the trust's decisions. However, his children opposed this change, leading to its rejection. This decision keeps the existing structure intact where each of the four children has an equal say in the trust's decisions, which could influence the future direction of Fox Corp and News Corp. The rejection highlights ongoing tensions within the Murdoch family regarding the control and legacy of their media empire.

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[ https://www.msn.com/en-us/entertainment/news/rupert-murdoch-s-attempt-to-change-his-family-s-trust-over-fox-news-media-empire-control-rejected/ar-AA1vAT8c ]