Rupert Murdoch’s Attempt to Consolidate Media Control Denied by Court
Rupert Murdoch’s effort to amend his family trust for consolidating control of his media empire under his son Lachlan has been rejected by a Nevada commissioner. The court ruled that the plan was created in bad faith, highlighting potential conflicts among Murdoch’s four oldest children. The existing trust arrangement divides control equally among the siblings, raising concerns about future leadership conflicts. Lachlan’s siblings welcomed the ruling, expressing hope for reconciliation within the family. Rupert Murdoch plans to appeal the decision.