Rupert Murdoch's family reaches deal on who will control media empire after his death

Rupert Murdoch’s family has reached a deal on control of his media empire after his death
Rupert Murdoch arrives at the 11th Breakthrough Prize Ceremony on April 5, 2025, in Los Angeles. (Photo by Jordan Strauss/Invision/AP, File)

Credit: Jordan Strauss/Invision/AP

Credit: Jordan Strauss/Invision/AP

Rupert Murdoch arrives at the 11th Breakthrough Prize Ceremony on April 5, 2025, in Los Angeles. (Photo by Jordan Strauss/Invision/AP, File)
Business
By DAVID BAUDER – AP Media Writer
Sept 8, 2025
X

Rupert Murdoch’s family has reached a deal on control of the 94-year-old mogul’s media empire after his death, ensuring no change in direction at Fox News, the most popular network for President Donald Trump and conservatives.

The deal creates a trust establishing control of the Fox Corp. for Lachlan Murdoch, Rupert’s chosen heir who has been running Fox in recent years, along with his younger sisters, Grace and Chloe.

Lachlan Murdoch’s three older siblings, Prudence MacLeod, Elisabeth Murdoch and James Murdoch, give up any claims to control of Fox in exchange for stock currently valued at $3.3 billion, according to The New York Times, which first reported news of the deal.

It ends a drama that has been like a real-life version of HBO’s “Succession,” only with huge financial implications and an impact on U.S. politics. Fox and its conservative opinion dominates news ratings, at points this summer more popular than the general broadcast networks, and is the go-to network for Trump and his team to spread news.

In Other News
1
For the 44th time, Leadership Clark County will lead people to take...
2
UPDATE: Middletown police locate missing teen girl
3
Hamilton police find missing teen; Middletown 16-year-old still missing
4
Lucas ‘very humbled, very honored’ to have statue outside OSU arena
5
Middletown police looking for missing teen girl