Key Points
The Murdoch family, one of the most powerful media dynasties in the world, is currently engaged in a bitter battle for control of their media empire.. ...
At the centre of the Murdoch family feud is a trust set up in 1999, which was supposed to divide voting power equally among Rupert's four eldest children: Lachlan, James, Elisabeth, and Prudence...
Rupert and Lachlan lean strongly to the right, particularly regarding Fox News' role in conservative politics, while James, Elisabeth, and Prudence are more centrist, possibly aiming to steer the company in a moderate direction...
The rise of digital media and streaming services adds another layer of complexityLachlan favors maintaining Fox News' current path, while his siblings may advocate for diversification or a shift in tone to adapt to the changing media landscape...
Rupert Murdoch is seeking to amend the 1999 trust to give Lachlan more control, arguing that this would prevent prolonged family infighting and ensure the stability of the business...
