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What will be the succession plan for Murdoch's media empire by end of 2025?
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Resolution / Starting Odds
Lachlan Consolidates Control • 25%
Shared Control among Family • 25%
External Leadership • 25%
No Change in Control • 25%
Official announcements from Fox Corp. and News Corp.
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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Elisabeth Murdoch • 25%
Prudence Murdoch • 25%
Lachlan Murdoch • 25%
James Murdoch • 25%
Rupert Murdoch retains control • 25%
Lachlan Murdoch gains control • 25%
Control shared equally among children • 25%
Other outcome • 25%
No • 50%
Yes • 50%
Trust remains equally divided • 25%
Trust structure changes to another arrangement • 25%
Lachlan gains sole control • 25%
Another child gains sole control • 25%
Yes • 50%
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Other PR strategy • 25%
Unified family statement • 25%
Individual statements by each child • 25%
No official statement • 25%
Lachlan Murdoch • 25%
Rupert Murdoch • 25%
James Murdoch • 25%
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No change • 25%
New executive position created • 25%
Lachlan Murdoch replaced • 25%
Elisabeth Murdoch • 25%
Lachlan Murdoch • 25%
James Murdoch • 25%
Prudence Murdoch • 25%
No • 50%
Yes • 50%