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What will be the outcome of the legal battle over the future of Fox's control by end of 2024?
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Resolution / Starting Odds
Lachlan Murdoch gains control • 25%
Other children gain control • 25%
Rupert Murdoch retains control • 25%
Trust remains unchanged • 25%
Court documents or official statements from the Murdoch family or legal representatives
Story
Rupert Murdoch in Secret Legal Battle with Children Over $FOXA's Future in Reno, NV
Jul 24, 2024, 09:11 PM
Rupert Murdoch is engaged in a secret legal battle with three of his children over the future of his media empire, according to sealed court documents obtained by The New York Times. Murdoch is reportedly attempting to change the family’s irrevocable trust to ensure that his media businesses, including Fox, remain a conservative political force after his death. The legal battle involves giving his son Lachlan complete control of the empire, a move opposed by several of his other children. Murdoch has hired Bill Barr to assist in altering the trust. The future of $FOXA could be impacted by a judge in Reno, NV.
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Lachlan Murdoch remains CEO • 25%
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Lachlan gains sole control • 25%
Trust remains equally divided • 25%
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Lachlan Murdoch gains control • 25%
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