2 h. ago Lachlan finally has control of Murdoch empire but deal is a win for sibling rivals

Eldest son has the succession Rupert craved after agreeing a payout to his siblings far higher than previously offeredAs a keen rock climber, Lachlan Murdoch knows a thing or two about the importance of clinging on to perilous terrain. After the toughest ascent of his life – rising to the top of his father’s business empire – he has finally ensured that his place at its summit is assured.The deal Rupert Murdoch’s eldest son has struck with his oldest siblings Prudence, Elisabeth and James will mean they give up their shares in the family business, handing Lachlan the long-term control that he and his father craved. Continue reading...

Economics

8 h. ago Murdochs reach deal in succession battle that will see Lachlan 'take over the family's media empire'

It comes months after Lachlan and his father's bold attempt to strike the trio out of the Murdoch family's irrevocable trust, a move which failed but ultimately opened up negotiations.

Economics

13 h. ago Lachlan Murdoch 'will take over the family's media empire when his father Rupert dies'

It comes months after Lachlan and his father's bold attempt to strike the trio out of the Murdoch family's irrevocable trust, a move which failed but ultimately opened up negotiations.

Events

14 h. ago The real life succession: Lachlan Murdoch wins control of family empire and takes the reins of Fox Corporation

The deal has ended litigation between the family after Rupert, 94, tried and failed to change the family trust and give control to his son, Lachlan

Politics

16 h. ago Murdoch family reaches deal to resolve succession fight over media empire

Family announces Rupert Murdoch’s eldest son, Lachlan Murdoch, will secure control of businessThe succession battle at Rupert Murdoch’s media empire has ended.The family announced on Monday that Lachlan Murdoch, Murdoch’s eldest son, will secure control of the Murdoch’s sprawling media empire, that includes Fox News, The Wall Street Journal and The Times in the UK, with his three oldest siblings receive $1.1bn each for their shares in the business. Continue reading...

Economics

8 d. ago Study finds the young are the unhappiest they’ve ever been. This might be why

Unhappiness now peaks amongst the young. Alex Bryson, David Blanchflower and Xiaowei Xu look at the change and question why

Politics

2 w. ago Lawyer argues Meta can't be held liable for gunmaker's Instagram posts in Uvalde families' lawsuit

Lawyers for the media giant Meta says a lawsuit brought by families of the victims of the school shooting in Uvalde, Texas, should be thrown out

Society