A legal battle over control of Rupert Murdoch’s media empire is currently underway in a Reno, Nevada courtroom. The 93-year-old billionaire is seeking to amend the family trust to ensure that upon his death, his eldest son Lachlan Murdoch will retain control of the media companies, which include Fox News and News Corp. The proposed amendment would prevent interference from Lachlan’s siblings, who are reportedly more politically moderate.
The proceedings in the probate court are closed to the public, with a Nevada judge recently rejecting an appeal to open the hearings. The fate of the culturally and politically influential media outlets has been cited as a matter of public interest, but the judge has emphasized the need to protect confidential personal and financial information.
The Murdoch family trust was established following Rupert Murdoch’s divorce in 1999 and currently controls a significant stake in News Corp and Fox. Upon Murdoch’s death, voting shares of the companies will be transferred to his four oldest children, potentially leading to a battle over the future direction of the media conglomerate.
Lachlan Murdoch, who is aligned with his conservative father, currently runs Fox and chairs News Corp. His siblings, including James Murdoch who has donated to progressive political groups, could challenge his control. The family members have gathered in Reno for the hearing, with the outcome expected to have far-reaching implications for the media industry and the Murdoch family’s legacy.
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