Story perspectives

Rupert Murdoch Transfers News Corp Control to Son Lachlan

9/17/2025

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Summary

Story summary

Rupert Murdoch, 94, transferred control of News Corp to his son Lachlan after a $3.3 billion settlement with his siblings.
Lachlan, also leading Fox Corp, must navigate challenges in political influence and relations with Trump.
Tech giants like Amazon and Meta pose competition to the Murdoch media empire.
Each sibling received $1.1 billion, concluding their claims to control the company.
The family trust's lifespan extends to 2050, solidifying Lachlan's leadership.

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Story summary

Rupert Murdoch, 94, transferred control of News Corp to his son Lachlan after a $3.3 billion settlement with his siblings.
Lachlan, also leading Fox Corp, must navigate challenges in political influence and relations with Trump.
Tech giants like Amazon and Meta pose competition to the Murdoch media empire.
Each sibling received $1.1 billion, concluding their claims to control the company.
The family trust's lifespan extends to 2050, solidifying Lachlan's leadership.