Updated September 8, 2025 at 5:42 PM MDT

Rupert Murdoch has pulled one final rabbit out of his hat. The 94-year-old media titan has ensured that his vast corporate empire — boasting Fox News, the Wall Street Journal and the New York Post among other titles — will retain its quintessential conservative identity after his death.

Through a series of complex transactions, Murdoch and his son Lachlan — his intended heir — have struck a deal to buy out the shares of Lachlan's three eldest siblings: Prudence, Elisabeth and James. Lachlan is now set to control both his father's companies, Fox Corp. and News Corp., after the elder Murdoch's death.

In recent years, James had become an increasingly outspoken critic of the direction of Fox News and other Murdoch news outlets, including the Jou

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