Murdoch Family Faces Succession Battle Over Future of Media Empire
The future of Rupert Murdoch’s vast media empire, including Fox News, is now in the hands of a probate commissioner in Reno, Nevada. At the heart of the dispute is whether the 93-year-old media mogul can amend the family trust to ensure that his chosen successor, Lachlan Murdoch, remains at the helm of the influential right-wing outlets for decades to come.
Murdoch, along with his eldest children, appeared in a secret trial to argue over control of the family trust, which was originally designed to give each of his four oldest children—Lachlan, James, Elisabeth, and Prudence—equal voting power over the company’s future after Rupert’s death. Murdoch now seeks to alter this arrangement to safeguard the conservative editorial stance of his media outlets, which include Fox News, The Wall Street Journal, and New York Post.
The other three siblings, however, are against the proposed change, fearing it would consolidate too much power in Lachlan’s hands. They believe this could affect the company’s future direction, particularly its editorial stance, which has been a source of immense profitability but also controversy. Rupert Murdoch worries that without Lachlan’s leadership, his other children might steer the outlets in a more moderate direction, potentially decreasing their value.
The probate commissioner’s decision is expected in the coming days or weeks, though the process could be prolonged if any party objects to the ruling. If objections arise, the case may proceed to a judge, with the potential for further delays and even an appeal to the Nevada Supreme Court.
The closed-door proceedings in Nevada have drawn criticism for their secrecy. Nevada law allows such cases involving family trusts to remain entirely private, with their details shielded from public view, including the very existence of the case on court dockets. A coalition of media organizations has petitioned the Nevada Supreme Court to unseal the case, arguing that the outcome will have far-reaching consequences on jobs, global media, and the American political landscape.
