Rupert Murdoch loses bid in real-life 'Succession' battle with kids

The court says Murdoch acted in "bad faith" by trying to give control of his empire to his eldest son.

British Broadcasting CorporationWatch LiveHomeNewsSportBusinessInnovationCultureArtsTravelEarthVideoLiveHomeNewsIsrael-Gaza WarWar in UkraineUS & CanadaUKUK PoliticsEnglandN. IrelandN. Ireland PoliticsScotlandScotland PoliticsWalesWales PoliticsAfricaAsiaChinaIndiaAustraliaEuropeLatin AmericaMiddle EastIn PicturesBBC InDepthBBC VerifySportBusinessExecutive LoungeTechnology of BusinessFuture of BusinessInnovationTechnologyScience & HealthArtificial IntelligenceAI v the MindCultureFilm & TVMusicArt & DesignStyleBooksEntertainment NewsArtsArts in MotionTravelDestinationsAfricaAntarcticaAsiaAustralia and PacificCaribbean & BermudaCentral AmericaEuropeMiddle EastNorth AmericaSouth AmericaWorld’s TableCulture & ExperiencesAdventuresThe SpeciaListEarthNatural WondersWeather & ScienceClimate SolutionsSustainable BusinessGreen LivingVideoLiveLive NewsLive SportHomeNewsSportBusinessInnovationCultureArtsTravelEarthVideoLiveAudioWeatherNewslettersMurdoch loses bid to change trust in real-life 'Succession' battleReutersA real-life "Succession" battle for Rupert Murdoch's media empire has ended with a Nevada court commissioner denying the billionaire's bid to change a family trust and give control to his eldest son.

The case pitted the 93-year-old against three of his children over who would gain the power to control News Corp and Fox News when he dies.

It has been reported that Mr Murdoch wanted to amend a family trust created in 1999 to allow his son Lachlan to take control without "interference" from his siblings Prudence, Elisabeth and James.

A Nevada commissioner ruled Mr Murdoch and Lachlan had acted in "bad faith" and called the efforts a "carefully crafted charade", according to the New York Times.

In a statement, a spokesperson for Prudence, Elisabeth and James said: "We welcome Commissioner Gorman's decision and hope that we can move beyond this litigation to focus on strengthening and rebuilding relationships among all family members."

https://www.bbc.com/news/articles/c2ld084z8jjo


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