Rupert Murdoch's chosen son Lachlan will remain in charge of the family business for the foreseeable future, forestalling a predicted challenge from his siblings over the political bent of the conservative media empire.
A protracted legal battle over the future of the Murdoch family trust was resolved on Monday, according to statements from the two companies, Fox Corp and News Corp.
The Murdoch family's existing trust setup is being replaced, which means the three Murdoch children who might have wanted to mount a power play once the patriarch dies will no longer have powerful voting shares in the companies.
The legalese refers to Prudence MacLeod, Elisabeth Murdoch and James Murdoch as the "departing members."
James has been deeply troubled for years about Fox News Channel's right-wing