Lachlan Murdoch has lastly secured his place as his father Rupert’s successor, following a protracted sibling battle for management over one of many highest-profile media teams on the earth.
Under the deal, a few of Rupert’s different kids – James Murdoch, Elisabeth Murdoch and Prudence MacLeod – will promote their private holdings in Fox and News Corp, with every anticipated to obtain about $1.1bn (£810m). A brand new household belief can be created to profit Lachlan and his youthful siblings, Grace and Chloe Murdoch.
Joining Niall Paterson to unravel the dispute – thought to have been one of many inspirations for the TV collection Succession – are Paddy Manning, creator of The Successor: The High-Stakes Life Of Lachlan Murdoch and our enterprise correspondent, Paul Kelso.
Producer: Emily Hulme
Editor: Mike Bovill
