How Lachlan Murdoch came in from the cold to take over his father's media empire

The appointment represents a remarkable turnaround, coming 18 years after Lachlan quit the family business in 2005 to go his own way in Australia

Anna agreed to the divorce on the condition that the Murdoch Family Trust would be restricted to her three children, Lachlan, James and Elizabeth, and Mr Murdoch’s eldest daughter from his first marriage.

Now financially independent, Lachlan launched his own personal investment fund, however his business ventures were marked by several spectacular failures. With Lachlan firmly out of the picture, his younger brother James, then CEO of BskyB, was looked upon as heir apparent.phone-hacking scandal, which forced his own resignation as chairman of BskyB.

Yet over the following years, a rift between James and his father opened, as political differences came to the fore.: “There are views I really disagree with.” In the years since, he oversaw the rise of Tucker Carlson to become Fox News’s major star, defending the controversial commentator over claims he was promoting the great replacement theory.He played a leading in role in Fox’s decision to settle Fox Newsfor $787.5m this year, avoiding a high-profile trial concerning its coverage of false vote-rigging claims in the 2020 US presidential election.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

i newspaper /  🏆 8. in UK

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Rupert Murdoch to step down as chairman of Fox and News Corp empireThe tycoon's son, Lachlan Murdoch, is set to take over form his father.
Read more »

Rupert Murdoch built a media empire that spanned the globeHe became a dominant presence in newspapers, TV, films, books and the internet worldwide.
Read more »

Rupert Murdoch built a media empire that spanned the globeHe became a dominant presence in newspapers, TV, films, books and the internet worldwide.
Read more »

Rupert Murdoch praised as ‘visionary leader’ and ‘greatest media entrepreneur’Mr Murdoch is retiring as chairman of his Fox and News Corp businesses.
Read more »

Rupert Murdoch praised as ‘visionary leader’ and ‘greatest media entrepreneur’Mr Murdoch is retiring as chairman of his Fox and News Corp businesses.
Read more »