Show Notes
After a two year battle, the Murdoch family has settled the biggest question about its future: who gets control of daddy's media empire. Three of Rupert Murdoch's adult children, Prudence, James and Elisabeth have agreed to get out of the game, selling their shares in the family trust for US$3.3 billion. Favoured son Lachlan will buy them out and maintain the legacy of staunch conservatism in News Corp and Fox, just as Rupert planned.
Crystal Andrews is joined by Crikey founder Stephen Mayne to unpack who gets what in the deal, and what Lachlan plans to do with the media empire. But the feuding is far from over. If a disgruntled James Murdoch wanted to mess with his estranged father and brother, what are his options now? Mayne has some ideas.
Read more: For the secretive Murdochs, the succession drama has been a nightmare. It’s far from over Who are the other Murdoch siblings? Rupert Murdoch’s corporate record over 70-plus years as CEO and chairman How does News Corp make its money? The Murdoch Century, our series about the legacy of the family’s media empire Project Harmony, our series about Rupert Murdoch’s succession plan for Lachlan
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