Loading...
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.
View original story
Similar markets
Appeal Unsuccessful • 33%
Appeal Successful • 33%
Out of Court Settlement • 34%
Appeal withdrawn • 25%
Appeal unsuccessful • 25%
Appeal successful • 25%
No appeal filed • 25%
Settlement reached • 25%
Appeal withdrawn • 25%
Ruling overturned • 25%
Ruling upheld • 25%
Yes • 50%
No • 50%
Other outcome • 25%
Rupert Murdoch retains control • 25%
Lachlan Murdoch gains control • 25%
Control shared equally among children • 25%
No • 50%
Yes • 50%
Trust remains equally divided • 25%
Lachlan gains sole control • 25%
Trust structure changes to another arrangement • 25%
Another child gains sole control • 25%
Yes • 50%
No • 50%
No official statement • 25%
Other PR strategy • 25%
Individual statements by each child • 25%
Unified family statement • 25%
No • 50%
Yes • 50%