Journos News
Tuesday, October 28, 2025
  • Login
  • Home
  • Breaking News
  • World News
  • Business
  • Conflict and Crisis
  • Health
  • Technology
  • Politics
  • Entertainment
  • Lifestyle
No Result
View All Result
  • Home
  • Breaking News
  • World News
  • Business
  • Conflict and Crisis
  • Health
  • Technology
  • Politics
  • Entertainment
  • Lifestyle
No Result
View All Result
Journos News
No Result
View All Result
Home Business

Court Blocks Rupert Murdoch’s Attempt to Alter Family Trust

Murdoch Family Feud: Trust Battle Denies Lachlan Sole Control

pinkfloyd by pinkfloyd
December 10, 2024
in Business, Entertainment
0
Real-Life ‘Succession’ Drama: Murdoch's Plan to Favor Lachlan Rejected

Control of Murdoch Media Empire Sparks Family Clash - Reuters

0
SHARES
0
VIEWS

Murdoch’s Real-Life ‘Succession’ Drama: Court Blocks Bid to Alter Family Trust

A Nevada court commissioner has rejected media mogul Rupert Murdoch’s attempt to modify the family trust governing his vast media empire, echoing the intense power struggles depicted in the TV series Succession.

The Battle for Control

The case revolved around Murdoch, 93, and his eldest son, Lachlan, seeking to secure sole control of News Corp and Fox News after Murdoch’s death. The proposed changes would have minimized interference from Murdoch’s three other adult children—Prudence, Elisabeth, and James.

RELATED POSTS

Intel Returns to Profit Amid U.S. Government Investment and Restructuring

‘9-1-1: Nashville’ Actress Isabelle Adora Tate Dies at 23 After Debut Episode

However, the court found the attempt to amend the 1999 family trust to be a “carefully crafted charade,” ruling that Murdoch and Lachlan had acted in “bad faith,” according to The New York Times.

Family Divided

In response, Prudence, Elisabeth, and James issued a joint statement welcoming the ruling and expressing hope for reconciliation:

“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.”

Murdoch’s attorney, Adam Streisand, expressed disappointment with the decision and announced plans to appeal.

Echoes of Fiction

The Murdoch family’s real-life tensions were reportedly heightened after an episode of HBO’s Succession—a series inspired in part by their empire—featured the patriarch’s sudden death, leading to chaos among his heirs. This spurred Elisabeth’s representative to draft a “Succession memo” aimed at avoiding such turmoil.

Murdoch’s youngest daughters, Grace and Chloe, from his later marriages, do not hold voting rights under the trust, further narrowing the power dynamics to his eldest four children.

Legacy at Stake

The battle centers not on wealth but on control of a media empire that spans influential outlets like The Times, The Sun, and The Wall Street Journal, as well as Fox News. Differences in political and ideological leanings among the children have exacerbated family tensions, with Lachlan seen as more conservative and aligned with his father’s vision.

Since the 1960s, Murdoch has cultivated a media dynasty with global influence. He groomed his sons for leadership from a young age, emphasizing the importance of family in shaping the future of his empire.

What’s Next?

While the commissioner’s ruling is a significant setback for Murdoch and Lachlan, it is not final. A district judge will review the case and could issue a different decision.

For now, the court’s decision underscores the fragility of dynastic succession in the face of personal and ideological divides, leaving the future of the Murdoch empire in question.

Source

This article was rewritten by JournosNews.com based on verified reporting from trusted sources. The content has been independently reviewed, fact-checked, and edited for accuracy, tone, and global readability in accordance with Google News standards.

Stay informed with JournosNews.com — your trusted source for verified global reporting and in-depth analysis. Follow us on Google News and BlueSky for real-time updates.

JournosNews.com follows Google News content standards with original reporting, verified sources, and global accessibility. Articles are fact-checked and edited for accuracy and neutrality.

Tags: #ControlBattle#CorporateControl#CorporateDynasty#CourtDecision#CourtroomClash#CourtRuling#DynastyWars#FamilyConflict#FamilyDrama#FamilyDynasty#FamilyFeud#FamilyTrust#FoxNews#InheritanceBattle#LachlanMurdoch#LeadershipStruggle#LegacyFight#LegalBattle#LegalDispute#LegalShowdown#MediaEmpire#MediaLegacy#MediaMogul#MurdochChildren#MurdochEmpire#MurdochFamilyFeud#MurdochFamilyTrust#MurdochNews#MurdochSaga#MurdochSiblings#MurdochTrust#NevadaCourt#NewsCorp#PowerInMedia#PowerStruggle#RupertMurdoch#SiblingRivalry#SuccessionDrama#SuccessionPlan#TrustAmendment#TrustConflict#TrustDispute
ShareSend
pinkfloyd

pinkfloyd

Related Posts

Intel Returns to Profit After U.S. Government Investment - AP Photo/Paul Sakuma, File

Intel Returns to Profit Amid U.S. Government Investment and Restructuring

by Journos News
October 24, 2025
0

Intel Posts Profit as U.S. Takes Stake in Struggling Chipmaker Intel Corp. has reported a return to profitability, marking its...

‘9-1-1: Nashville’ Actress Isabelle Adora Tate Dies at 23 After TV Debut - Isabelle Tate/Instagram via Fox News

‘9-1-1: Nashville’ Actress Isabelle Adora Tate Dies at 23 After Debut Episode

by Journos News
October 24, 2025
0

Actress Isabelle Adora Tate Dies at 23 After Appearing in ‘9-1-1: Nashville’ Premiere Isabelle Adora Tate, a 23-year-old actress who...

Wall Street Steadies as Oil Stocks Rise and Tech Shares Slip - AP Photo/Richard Drew

Wall Street Steadies as Oil Stocks Offset Tesla and IBM Losses

by Journos News
October 23, 2025
0

U.S. stocks edged higher Thursday, hovering just below record levels, as surging oil prices lifted energy companies and helped offset...

Taylor Swift, LL Cool J Among 2026 Songwriters Hall of Fame Nominees - AP Photo

Taylor Swift, LL Cool J, and David Byrne Lead 2026 Songwriters Hall of Fame Nominees

by Journos News
October 23, 2025
0

The 2026 Songwriters Hall of Fame nominations bring together some of the most influential voices in modern music, from pop...

Tesla’s Record Sales Fail to Impress Investors as Profits Drop - Joe Lamberti/Bloomberg/Getty Images

Tesla’s Record Quarter Fails to Impress Investors Despite Strong Sales

by Journos News
October 23, 2025
0

Tesla reported record quarterly sales, but Wall Street wasn’t celebrating. Despite strong revenue numbers, profits fell short of expectations, and...

Next Post
Google Pushes Boundaries with Willow, Its Most Advanced Quantum Chip Yet

Google’s Willow Chip: A Quantum Leap Towards Supercomputing Supremacy

Chicken Soup and Orange Juice: Myths vs. Facts About Cold Remedies

Do Home Remedies Really Help Fight Off a Cold?

RECOMMENDED

EU Says Meta and TikTok Breached Transparency Rules Under Digital Services Act - AP Photo/Kiichiro Sato, File

EU Says Meta and TikTok Breached Transparency Rules Under Digital Services Act

October 24, 2025
Alaska Airlines Resumes Flights After IT Outage Grounds Fleet - AP Photo/Lindsey Wasson, File

Alaska Airlines Resumes Flights After Major IT Outage Grounds Fleet for Hours

October 24, 2025

MOST VIEWED

  • CDs vs. Streaming: Why More Music Lovers Are Switching Back - image credit Headphonesty

    CDs Are Back: Why Audiophiles Are Ditching Streaming

    0 shares
    Share 0 Tweet 0
  • 16 Billion Passwords Leaked: What You Must Do Now to Stay Safe

    0 shares
    Share 0 Tweet 0
  • EU Says Meta and TikTok Breached Transparency Rules Under Digital Services Act

    0 shares
    Share 0 Tweet 0
  • South Korean President Apologizes After Martial Law Controversy

    0 shares
    Share 0 Tweet 0
  • 2025 American Music Awards: Full Winners List and Highlights

    0 shares
    Share 0 Tweet 0
Journos News - Breaking News, World News, Top Stories, Todays Headlines and Flash Reports

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

CATEGORY

SITE LINKS

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

NEWSLETTER

  • About Us
  • Accessibility Statement
  • Contact Us
  • Privacy Policy
  • Terms and Conditions

© JournosNews.com – Trusted source for breaking news, trending stories, and in-depth reports.
All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Breaking News
  • World News
  • Business
  • Conflict and Crisis
  • Health
  • Technology
  • Politics
  • Entertainment
  • Lifestyle

© JournosNews.com – Trusted source for breaking news, trending stories, and in-depth reports.
All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.