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Market
Will the legal battle between Rupert Murdoch and his children be resolved in court by end of 2024?
4
Resolution / Starting Odds
Yes • 50%
No • 50%
Official court documents or public statements from the Murdoch family or their legal representatives
Story
Rupert Murdoch in Secret Legal Battle with Children Over Media Empire in Reno, NV
Jul 24, 2024, 09:22 PM
Rupert Murdoch is engaged in a secret legal battle against three of his children over the future of the family's media empire, according to sealed court documents obtained by The New York Times. Murdoch is seeking to amend the family's irrevocable trust to ensure that his son Lachlan Murdoch retains control of the media businesses, preserving their conservative political stance after his death. Former Attorney General Bill Barr has been hired to assist in rewriting the trust, effectively excluding Murdoch's other children from governance rights. This high-stakes family dispute, which could impact $FOXA, is being adjudicated in Reno, NV, and mirrors the plot of the television series 'Succession.'
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Appeal Successful • 33%
Appeal Unsuccessful • 33%
Out of Court Settlement • 34%
Lachlan gains sole control • 25%
Trust remains equally divided • 25%
Another child gains sole control • 25%
Trust structure changes to another arrangement • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Appeal Successful • 33%
Appeal Unsuccessful • 33%
Settlement Reached • 34%
Appeal successful • 25%
Appeal unsuccessful • 25%
Appeal withdrawn • 25%
No appeal filed • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Lachlan Murdoch gains control • 25%
Other children gain control • 25%
Rupert Murdoch retains control • 25%
Trust remains unchanged • 25%
Rupert Murdoch retains control • 25%
Lachlan Murdoch gains control • 25%
Control shared equally among children • 25%
Other outcome • 25%