Story perspectives

Lachlan Murdoch Secures $3.3B Family Media Empire Control

9/8/2025

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Summary

Story summary

Lachlan Murdoch has gained control of the family media empire, valued at $3.3 billion, as of September 8, 2025.
This deal resolves a lengthy succession battle, keeping conservative outlets like Fox News under family ownership.
Siblings Prue, Liz, and James will each receive $1.1 billion, dissolving the current family trust.
A new trust will give Lachlan and sisters Grace and Chloe control over Fox Corporation and News Corp.
The agreement concludes ongoing litigation regarding the family trust and highlights the empire's global influence.

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Story summary

Lachlan Murdoch has gained control of the family media empire, valued at $3.3 billion, as of September 8, 2025.
This deal resolves a lengthy succession battle, keeping conservative outlets like Fox News under family ownership.
Siblings Prue, Liz, and James will each receive $1.1 billion, dissolving the current family trust.
A new trust will give Lachlan and sisters Grace and Chloe control over Fox Corporation and News Corp.
The agreement concludes ongoing litigation regarding the family trust and highlights the empire's global influence.