JUST IN: Lachlan Murdoch, Rupert’s Handpicked Heir, Gets Control of Fox News and Other Murdoch Media Outlets in $3.3B Deal

Sean James Sep 8th, 2025, 5:04 pm

Lachlan Murdoch has secured control of the media empire his father, Rupert Murdoch , built in a $3.3 billion deal on Monday that ends years of squabbling over who will lead outlets like Fox News, , and the following the mogul’s death.

The New York Times reported the deal terms include Lachlan Murdoch’s three oldest siblings — Prue , Liz , and James — receiving $1.1 billion each for their slice of the Murdoch empire. As a result, the current family trust, which was set up in 1999, will be dissolved.

Most importantly for the 94-year-old Rupert Murdoch , the deal will make sure the media companies he spearheaded retai

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