#lachlan murdoch

[belongstocaptaindoyle]

Jonny Harris & Lachlan Murdoch ♡ (x)

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[justinspoliticalcorner]

Lauren Aratani at The Guardian:

Rupert Murdoch’s three adult children will retain control over their father’s media empire upon his death, a Nevada court has ruled after Murdoch launched a campaign to wrest away their power and give it all to his oldest son. The New York Times reported on Murdoch’s loss, citing a sealed court decision that was filed on Saturday. The family battle took place outside of the public’s eye, despite attempts from the media to gain access to the trial. Murdoch took three of his adult children, James, Elisabeth and Prudence, to court as he tried to completely remove their voting power over the trust Murdoch set up. The current trust structure gives all four adult children equal voting power over Murdoch’s empire, which includes Fox News and News Corp, but Murdoch wanted to give Lachlan, his oldest son and most likeminded child, complete control over the media companies. The change would have only impacted the voting power of the siblings, not their financial inheritance.

After reviewing the case, the Nevada commissioner Edmund Gorman concluded that Rupert and Lachlan Murdoch had acted in “bad faith” in their attempts to change the terms of an irrevocable trust that divides control of the company between Murdoch’s four oldest children. In a statement, James, Elisabeth and Prudence told the Times: “We welcome Commissioner Gorman’s decision and hope that we can move beyond this litigation to focus on strengthening and rebuilding relationships among all family members.”

The 96-page opinion lambasts the media mogul, according to the Times, accusing him of organizing a “carefully crafted charade” to “permanently cement Lachlan Murdoch’s executive roles” inside the empire “regardless of the impacts such control would have over the companies or the beneficiaries” of the family trust.

[...] Murdoch, 93, is more politically aligned with Lachlan, his heir apparent. James, Elisabeth and Prudence are regarded as less conservative and James, in particular, has publicly criticized climate denialism in the media and accused US media of “propagating lies” that unleashed “insidious and uncontrollable forces” after the January 6 insurrection. James resigned from his role as a senior executive at News Corp in 2020. That same year, he and his wife donated $600,000 to Joe Biden’s presidential campaign. Meanwhile, Lachlan, who took over as chair of News Corp in 2023, has privately voiced political opinions similar to his father and has attached himself to the growth in ratings and sales the media empire has seen since Trump’s rise in 2015, according to multiple reports.

Right-wing media titan Rupert Murdoch lost his bid to control the line of succession to his media empire when he passes away, as his three adult children-- James, Elisabeth, and Prudence-- all of whom are far less simpatico with the right-wing politics of Rupert and Lachlan, will retain voting control of it.

Rupert wanted to completely hand voting rights control to his oldest and most like-minded child Lachlan.

[aceofwhump]

Murdoch Mysteries 5x04 "War on Terror"

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Murdoch Mysteries - Measure of My Dreams Quality : HD screencaptures Amount : 954 files Resolution : 1280x720

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[murdochfantasies]

just Llewellyn being a little teddy bear as usual

[soweirdondisney]

[canadachronicles]

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A post shared by Murdoch Mysteries (@cbcmurdoch)

A bit early for me to watch it (and I have heaps of episodes to catch up on before I can anyways!), but I am so thrilled and so excited there will be a Christmas Murdoch Mysteries episode this year!!! And I know it's going to be a gift!

Source: CBC's Murdoch Mysteries' Page

[providence-park]

Ben Lawson & Josh Lawson as Lachlan Murdoch & James Murdoch

BOMBSHELL (2019)

Dir. Jay Roach

[a-little-nerdy-dude-with-wings]

the way that Lachlan Murdoch is closer to Roman Roy and James Murdoch is closer to Kendall Roy

And Lachlan is taking over, just before the next US election

the one who's politics is closer to roman roy's is going to have massive influence over the US 2024 election

fucking yikessss

[house-of-ivy]

wow i can’t believe lachlan murdoch won succession. hbo keeps making these tv shows more and more realistic

[belongstocaptaindoyle]

MURDOCH MYSTERIES | S09E09

[loveandthings11]

Rupert Murdoch’s Succession Drama, Vanity Fair

The birthday party! And sounds like Lachlan was just trying to make James look bad but I hope James was a contributing writer 😂

[justinspoliticalcorner]

Lauren Aratani at The Observer:

An elderly billionaire goes to war with his adult children over the future of his media empire. His only ally is his eldest son, crowned leader of his father’s enterprise after years of jostling with his siblings. In choosing a successor, the patriarch spurns three of his other children, who remain threats: when he dies, they will each have just as much power as the eldest son to shape his companies, potentially against the rightwing ideologies that have guided them for decades.

Away from the public eye, he makes a dramatic move. To deliver control to his eldest son, the mogul quietly launches an extraordinary bid to alter the trust set to hand the other three influence upon his death. But they stand ready to fight. This may sound akin to HBO’s Succession, but it’s life imitating art – which was, in turn, imitating life. Rupert Murdoch, 93, the billionaire owner of News Corp and Fox Corporation who helped inspire the show, is trying to give his eldest son, Lachlan, full control of his media outlets upon his death. While his other adult children – James, Elisabeth and Prudence – will still receive equal shares of company profits, this would leave them with no say over the companies upon his death.

This battle is in fact bigger than anything featured on Succession, according to Robert Thompson, a media scholar based at Syracuse University. “This is arguably the single most influential media outlet in all of the English-speaking world,” he said of News Corp and Fox. “How this turns out has a real, significant impact on real people living on planet Earth.” News Corp owns more than a hundred major and local newspapers, including the Wall Street Journal and the New York Post in the US, as well as the Times and the Sun in the UK. Meanwhile, Fox is the parent of Fox News, the leading conservative cable network in the US, with millions of viewers.

The Murdochs’ legal fight played out in secret for months – until Wednesday, when it burst into the open. The New York Times reported on a decision from a Nevada probate commissioner, which is under seal, that Murdoch can rewrite his family’s irrevocable trust if he can prove the change is being made in good faith and benefits his heirs. The ruling sets the stage for a high-profile trial over the future of his vast array of media interests, with Murdoch and his three children slated to duke it out in court in September.

Both sides, according to the Times, have bulked up on high-profile lawyers. William Barr, the former US attorney general, is helping Murdoch rewrite the trust, and he has also hired Adam Streisand, a trial lawyer who previously worked on estate cases involving Michael Jackson and Britney Spears. The feuding appears to have taken its toll on the family. When Rupert married his fifth wife in California last month, Lachlan was said to have been the only one of his four eldest children in attendance. The other two also reportedly steered clear.

With Lachlan as his father’s successor, Fox News and News Corp will continue to be a conservative force. But under the trust’s current structure, the three other siblings, who are deemed more politically moderate, can push back. Murdoch is seemingly keen to avoid this prospect. Conservatism has been the backbone of his empire since its inception. It has proved to be remarkably profitable.

Though Murdoch had successfully formed relationships with powerful conservative figures in Australia and the UK, it was not until Donald Trump’s ascendancy that he had close ties to the White House. Though Fox was initially dismissive of Trump, the network soon turned into his most powerful megaphone. In turn, Murdoch had direct access to a commander-in-chief. Not all of Murdoch’s children were happy about this. During Trump’s presidency, Elisabeth, Prudence and James started to drift away from their father’s politics.

When Roger Ailes, the longtime Fox CEO, left the company in 2016 off the back of multiple sexual harassment allegations, James reportedly believed he could push the network in a new direction, bringing in an experienced executive who was less of an ideologue. Instead, the elder Murdoch took over as chair himself.

In the summer of 2020, James – once a senior executive at News Corp – announced he was resigning from the board over “disagreements over certain editorial content”. He and his wife, Kathryn, were particularly vocal about the climate crisis and seemed to resent Fox News and News Corp’s climate denialism. “We’ve been arguing about politics since I was a teenager,” James told the Times in 2020, about his father. In 2020, James and his wife donated more than $600,000 to Biden’s campaign. Murdoch eventually crowned Lachlan as his successor. While Lachlan does not speak publicly about his personal political views, reports have said they usually lean more conservative than his father’s. And while Lachlan appears less interested than his father in political influence, he cares about profit. And Trump has been profitable.

The Observer (the Sunday version of The Guardian) has an illuminating piece on the Murdoch media empire, and how Rupert Murdoch is going to war over who gets to succeed him upon his death by rewriting the trust to benefit stridently right-wing Lachlan at the expense of the other three (and less right-wing) children.

[aceofwhump]

Murdoch Mysteries 5x04 "War on Terror"

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Murdoch Mysteries 18.05 - A Starlet is Born Quality : HD Screencaptures Amount : 874 files Resolution : 1280x720px

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