Market
What will be the outcome of Rupert Murdoch's appeal by end of 2025?
3
Resolution / Starting Odds
Appeal Successful • 33%
Appeal Unsuccessful • 33%
Settlement Reached • 34%
Official court documents or announcements regarding the appeal outcome
Story
Murdoch Loses Bid to Alter Trust, Secure Son's Control, Lock In Fox News's Right-Wing Slant
Dec 9, 2024, 08:42 PM
A Nevada commissioner has ruled against Rupert Murdoch's attempt to alter his family's trust to consolidate control of his media empire, which includes Fox Corp. and News Corp., under his eldest son, Lachlan Murdoch, and to lock in Fox News's right-wing editorial slant, according to a sealed court document obtained by The New York Times. The decision characterized Murdoch's plan as a "carefully crafted charade" to "permanently cement Lachlan Murdoch’s executive roles" within the empire and found that Murdoch acted in bad faith. Despite the setback, Murdoch's legal team plans to appeal the ruling. This ruling represents a significant obstacle for the 92-year-old media mogul's succession plans.
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Appeal Unsuccessful • 33%
Out of Court Settlement • 34%
Appeal Successful • 33%
Appeal unsuccessful • 25%
Appeal withdrawn • 25%
No appeal filed • 25%
Appeal successful • 25%
Ruling upheld • 25%
Appeal withdrawn • 25%
Settlement reached • 25%
Ruling overturned • 25%
No • 50%
Yes • 50%
Rupert Murdoch retains control • 25%
Control shared equally among children • 25%
Lachlan Murdoch gains control • 25%
Other outcome • 25%
No • 50%
Yes • 50%
Trust structure changes to another arrangement • 25%
Lachlan gains sole control • 25%
Trust remains equally divided • 25%
Another child gains sole control • 25%
No • 50%
Yes • 50%
Other PR strategy • 25%
No official statement • 25%
Unified family statement • 25%
Individual statements by each child • 25%
No • 50%
Yes • 50%