A New Deal Ensures that for Rupert Murdoch’s Media Empire, the Future Is Conservative

A new deal ensures that for Rupert Murdoch’s media empire, the future is conservative

Could Rupert Murdoch’s $40 billion media empire ever lean liberal? Over the past few years, as Murdoch’s four children battled in court over who would control properties including Fox News, The Wall Street Journal, and the New York Post after his death, the possibility was slim but real. If Elisabeth, Prudence, James, and Lachlan Murdoch divided the estate equally after Murdoch’s death, those not named Lachlan could move it in a more liberal dir…

Rupert Murdoch's conservative son wins succession battle

Lachlan Murdoch will get control over the media empire that includes Fox News and The Wall Street Journal following his father's death, while his siblings will receive payouts