RENO, Nev. (KOLO) - A judge has ruled that Lachlan Murdoch, son of media tycoon Rupert, will keep control of his father’s media empire after his death.

Meanwhile, the judge also ruled that his siblings will receive just over $1 billion in cash each.

They also agreed to sell their personal holdings in the company. The deal to buy the three siblings brings to a close the lengthy legal battle over the future of Fox News and News Corp, which played out in a Reno courtroom.

In December of 2024, a Reno judge rejected Murdoch’s attempt to amend the family trust to ensure control passed to his eldest son, saying they had acted in bad faith.

Under this new deal, a new family trust will be drawn up.

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