Tag #Rupert Murdoch

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theguardian.com

🌐 90% Global Worthiness

Sep 25, 01:20

Murdoch and Ellison Families Poised to Gain Significant Control over US Media

A potential deal involving TikTok, Oracle, and media moguls Rupert and Lachlan Murdoch, and Larry and David Ellison, could grant these families unprecedented control over American media, encompassing television and social networks.

Murdoch and Ellison Families Poised to Gain Significant Control over US Media

A potential deal involving TikTok, Oracle, and media moguls Rupert and Lachlan Murdoch, and Larry and David Ellison, could grant these families unprecedented control over American media, encompassing television and social networks.

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What is the potential impact of the proposed TikTok deal on the American media landscape?

The deal could consolidate significant power within the Murdoch and Ellison families, giving them influence over a vast range of media outlets reaching diverse audiences. This concentration of power raises concerns about potential monopolies and biased information.

smh.com.au

🌐 85% Global Worthiness

Sep 18, 04:16

Murdoch Attends Windsor Banquet Amidst Family Succession and Lawsuit

Rupert Murdoch, alongside his wife, attended a Windsor Castle banquet with King Charles III and President Trump, marking his first public appearance since a family succession drama concluded with a multibillion-dollar payout to his three siblings.

Murdoch Attends Windsor Banquet Amidst Family Succession and Lawsuit

Rupert Murdoch, alongside his wife, attended a Windsor Castle banquet with King Charles III and President Trump, marking his first public appearance since a family succession drama concluded with a multibillion-dollar payout to his three siblings.

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What are the potential future implications of this event?

This event could signal a strategic move by Murdoch to de-escalate tensions with Trump, potentially influencing the outcome of the lawsuit. It also highlights the enduring power of personal relationships in high-stakes political and business contexts.

nrc.nl

🌐 85% Global Worthiness

Sep 10, 04:18

Lachlan Murdoch to Lead News Corp After Rupert Murdoch's Retirement

Lachlan Murdoch, son of Rupert Murdoch, will take over as CEO of News Corp, succeeding his 92-year-old father who announced his retirement; this follows a complex family history within the media empire and controversies surrounding Fox News.

Lachlan Murdoch to Lead News Corp After Rupert Murdoch's Retirement

Lachlan Murdoch, son of Rupert Murdoch, will take over as CEO of News Corp, succeeding his 92-year-old father who announced his retirement; this follows a complex family history within the media empire and controversies surrounding Fox News.

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Peace, Justice, and Strong Institutions

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How has Lachlan Murdoch's career trajectory, including past controversies and business ventures, shaped his current position?

Lachlan Murdoch's career path has been marked by both successes and failures. Early ventures, like involvement with the failed One.Tel, contrasted with later successes, such as his investment in REA Group. His past conflict with Roger Ailes at Fox News and his handling of the Dominion Voting Systems lawsuit, which resulted in a $787.5 million settlement, also highlight key moments shaping his leadership style and reputation.

sueddeutsche.de

🌐 85% Global Worthiness

Sep 9, 04:19

Murdoch Family Trust Secures Conservative Media Control

Rupert Murdoch restructured his family trust, granting Lachlan Murdoch control over Fox Corporation and News Corp, while other children receive multi-billion dollar payouts, ensuring the media empire maintains its conservative political alignment.

Murdoch Family Trust Secures Conservative Media Control

Rupert Murdoch restructured his family trust, granting Lachlan Murdoch control over Fox Corporation and News Corp, while other children receive multi-billion dollar payouts, ensuring the media empire maintains its conservative political alignment.

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How did this outcome come about, given previous disagreements within the Murdoch family?

The agreement follows a legal battle initiated by James, Prudence, and Elisabeth Murdoch, who challenged Rupert Murdoch's attempt to grant Lachlan sole control. They have now relinquished their shares in exchange for approximately $1.1 billion each. This resolves the conflict and solidifies Lachlan's control.

nos.nl

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Sep 9, 04:19

Murdoch Family Feud Resolved: Lachlan to Lead Media Empire

Rupert Murdoch's children, Lachlan, Prudence, Elisabeth, and James, have settled their inheritance dispute, with Lachlan retaining leadership of the media empire and his siblings receiving $1.1 billion each for their shares.

Murdoch Family Feud Resolved: Lachlan to Lead Media Empire

Rupert Murdoch's children, Lachlan, Prudence, Elisabeth, and James, have settled their inheritance dispute, with Lachlan retaining leadership of the media empire and his siblings receiving $1.1 billion each for their shares.

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What is the immediate impact of the Murdoch family's settlement on the media empire?

Lachlan Murdoch will continue leading News Corp and Fox, ensuring the continuation of the conservative editorial line favored by his father. His siblings' departure removes potential internal conflict and secures Lachlan's long-term control.

gr.euronews.com

🌐 85% Global Worthiness

Sep 9, 13:21

Murdoch Family Reaches Deal on Media Empire Succession

Rupert Murdoch's children have agreed on a plan for control of his media empire after his death, ensuring that Lachlan Murdoch will maintain control of Fox News.

Murdoch Family Reaches Deal on Media Empire Succession

Rupert Murdoch's children have agreed on a plan for control of his media empire after his death, ensuring that Lachlan Murdoch will maintain control of Fox News.

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What were the underlying issues and legal challenges that led to this agreement?

Rupert and Lachlan Murdoch initially attempted to alter a trust that granted equal control to Rupert's four eldest children. Prudence, Elisabeth, and James, who hold less conservative views, challenged this, leading to a Nevada court case where the attempt was deemed a "carefully orchestrated sham". The settlement avoids further legal battles and potential shifts in the company's direction.

bbc.com

🌐 90% Global Worthiness

Sep 22, 04:16

Murdoch Family and Tech Moguls Eye TikTok Acquisition Amidst US-China Tensions

President Trump announced that Rupert and Lachlan Murdoch, alongside Larry Ellison and Michael Dell, are likely to lead a US investment group acquiring TikTok's American operations, aiming to address national security concerns regarding user data access by the Chinese government.

Murdoch Family and Tech Moguls Eye TikTok Acquisition Amidst US-China Tensions

President Trump announced that Rupert and Lachlan Murdoch, alongside Larry Ellison and Michael Dell, are likely to lead a US investment group acquiring TikTok's American operations, aiming to address national security concerns regarding user data access by the Chinese government.

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What is the primary goal of the proposed TikTok acquisition by the US investor group?

The primary goal is to transfer control of TikTok's US operations from its Chinese parent company, ByteDance, to American hands. This aims to alleviate national security concerns stemming from potential access to user data by the Chinese government, as mandated by a US law passed in April 2024.

nrc.nl

🌐 85% Global Worthiness

Sep 10, 04:19

Murdoch's Children Reach $3.3 Billion Settlement, Ensuring Conservative Media Future

Rupert Murdoch's three elder children, Prudence, Elisabeth, and James, received $1.1 billion each to relinquish their shares in the family's media empire, paving the way for Lachlan Murdoch to continue his father's conservative media legacy.

Murdoch's Children Reach $3.3 Billion Settlement, Ensuring Conservative Media Future

Rupert Murdoch's three elder children, Prudence, Elisabeth, and James, received $1.1 billion each to relinquish their shares in the family's media empire, paving the way for Lachlan Murdoch to continue his father's conservative media legacy.

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How did the legal battle and family dynamics shape the outcome of this settlement?

A bitter legal battle ensued as Rupert Murdoch attempted to alter a family trust to protect Lachlan's position. This culminated in a court ruling against Rupert and Lachlan for acting "in bad faith." Subsequent negotiations led to the $3.3 billion buyout of the three elder siblings, mirroring a similar action Rupert took decades earlier with his own sisters.

smh.com.au

🌐 85% Global Worthiness

Sep 9, 10:17

Lachlan Murdoch to Inherit News Corp: No Radical Shift Expected

The $5 billion settlement resolving the Murdoch family feud ensures Lachlan Murdoch's unchallenged control of News Corp, with no anticipated major changes to the company's editorial stances despite internal divisions.

Lachlan Murdoch to Inherit News Corp: No Radical Shift Expected

The $5 billion settlement resolving the Murdoch family feud ensures Lachlan Murdoch's unchallenged control of News Corp, with no anticipated major changes to the company's editorial stances despite internal divisions.

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What is the immediate impact of Lachlan Murdoch's confirmed succession of News Corp?

Lachlan Murdoch's inheritance of News Corp ends potential challenges to his leadership from his siblings, securing his control of the media empire. This outcome eliminates the possibility of significant editorial changes and maintains the status quo.

zeit.de

🌐 85% Global Worthiness

Sep 9, 04:19

Lachlan Murdoch secures control of Rupert Murdoch's media empire

After a family feud, Lachlan Murdoch, Rupert Murdoch's eldest son, will control a new family trust encompassing Fox Corporation and News Corp, ensuring the conservative political alignment of the media empire.

Lachlan Murdoch secures control of Rupert Murdoch's media empire

After a family feud, Lachlan Murdoch, Rupert Murdoch's eldest son, will control a new family trust encompassing Fox Corporation and News Corp, ensuring the conservative political alignment of the media empire.

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What were the underlying causes of the family feud and the legal dispute?

Concerns about the future political direction of the Murdoch media empire, particularly from James Murdoch's liberal stance and his public criticism of Fox News's coverage of Donald Trump's election claims, led to the conflict. This disagreement culminated in a legal battle in Nevada over control of the family trust.

welt.de

🌐 85% Global Worthiness

Sep 9, 10:16

Murdoch Family Agrees on Succession Plan for Media Empire

Rupert Murdoch's family has settled a legal battle over the future control of his media empire, with his son Lachlan Murdoch securing the majority stake and ensuring the continuation of Fox News's conservative editorial stance.

Murdoch Family Agrees on Succession Plan for Media Empire

Rupert Murdoch's family has settled a legal battle over the future control of his media empire, with his son Lachlan Murdoch securing the majority stake and ensuring the continuation of Fox News's conservative editorial stance.

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What were the key disagreements within the Murdoch family that led to this legal battle?

The dispute arose from Rupert Murdoch's attempt to alter the family trust to favor Lachlan's succession. Prudence, Elisabeth, and James Murdoch, who are perceived as more liberal than their father, challenged this, fearing a potential shift in Fox News's conservative editorial line. A Nevada probate judge initially sided with the three siblings, calling Rupert Murdoch's actions a 'carefully crafted farce'.

npr.org

🌐 85% Global Worthiness

Sep 9, 10:17

Murdoch Family Settles Control of Media Empire

Rupert Murdoch's children have settled a legal battle over the control of his media empire, including Fox News and The Wall Street Journal, with Lachlan Murdoch set to maintain control.

Murdoch Family Settles Control of Media Empire

Rupert Murdoch's children have settled a legal battle over the control of his media empire, including Fox News and The Wall Street Journal, with Lachlan Murdoch set to maintain control.

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What is the immediate impact of the Murdoch family settlement on the control of Fox News and other Murdoch-owned media?

The settlement ensures Lachlan Murdoch, Rupert Murdoch's son, will maintain control over Fox News and other media properties within the family trust, although his control will be somewhat diluted compared to his father's. This brings an end to years of family conflict and uncertainty regarding the future leadership.

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