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Murdoch succession drama plays out in closed US court

Murdoch succession drama plays out in closed US court

Al Jazeera
Monday, September 16, 2024 09:07:43 PM UTC

Rupert Murdoch’s proposed amendment would reportedly block any interference by three of his oldest son Lachlan’s siblings, who are more politically moderate.

A battle over control of Rupert Murdoch’s global television and publishing empire begins Monday in a Reno, Nevada courtroom, where a judge will consider the contentious matter of succession.

Murdoch, 93, is attempting to change the terms of the family’s trust – which holds significant stakes in Fox News’s parent company and Wall Street Journal owner News Corp. The billionaire is looking to ensure that, upon his death, the media companies remain under the control of his eldest son, Lachlan Murdoch, according to the New York Times, which obtained a sealed court document detailing the succession drama.

A hearing to determine whether Murdoch is acting in good faith will take place in probate court, where the proceedings are closed to the public.

A Nevada judge on Thursday rejected an appeal by Reuters and other news organisations to open the hearings to the public.

The news organisations had said the fate of such culturally and politically influential media outlets was a matter of public interest, but the judge cited the need to prevent the disclosure of confidential personal and financial information. Most documents also remain sealed.

Read full story on Al Jazeera
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