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Market
Will the judge in Reno, NV rule in favor of Rupert Murdoch's proposed changes to the trust by end of 2024?
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Resolution / Starting Odds
Yes • 50%
No • 50%
Court ruling documents or official announcements
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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Yes • 50%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Ruling upheld • 25%
Ruling overturned • 25%
Settlement reached • 25%
Appeal withdrawn • 25%
Appeal Successful • 33%
Appeal Unsuccessful • 33%
Out of Court Settlement • 34%
Yes • 50%
No • 50%
Appeal successful • 25%
Appeal unsuccessful • 25%
Appeal withdrawn • 25%
No appeal filed • 25%
Yes • 50%
No • 50%
Lachlan Murdoch retains control • 25%
Other Murdoch children gain control • 25%
Shared control among Murdoch children • 25%
Trust remains unchanged • 25%