Headline: UNCAPTIONED: Murdoch Loses Bid to Secure Lachlan's Sole Control of Media Empire
Caption:
Murdoch Loses Bid to Secure Lachlan’s Sole Control of Media Empire. A Nevada court has rejected Rupert Murdoch’s attempt to alter a family trust preventing him from giving his eldest son, Lachlan, sole control of News Corp and Fox News. The legal battle, involving Murdoch and three of his children, Prudence, Elisabeth, and James centered on who would control the media empire after his passing. The court ruled that Murdoch and Lachlan acted in "bad faith," calling their efforts a "carefully crafted charade”. In a statement, Prudence, Elisabeth, and James welcomed the decision, expressing hope to rebuild family relationships. Meanwhile, Murdoch’s lawyer, Adam Streisand, said they plan to appeal. The Murdochs, famously linked to the inspiration for the hit TV show Succession have always declined to comment on the comparison.
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