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Rupert Murdochs family reaches deal on who will control media empire after his death
Rupert Murdoch arrives at the 11th Breakthrough Prize Ceremony on April 5, 2025, in Los Angeles. (Photo by Jordan Strauss/Invision/AP, File)2025-09-08T21:44:02Z Rupert Murdochs family has reached a deal on control of the 94-year-old moguls media empire after his death, ensuring no change in direction at Fox News, the most popular network for President Donald Trump and conservatives.The deal creates a trust establishing control of the Fox Corp. for Lachlan Murdoch, Ruperts chosen heir who has been running Fox in recent years, along with his younger sisters, Grace and Chloe.Lachlan Murdochs three older siblings, Prudence MacLeod, Elisabeth Murdoch and James Murdoch, give up any claims to control of Fox in exchange for stock currently valued at $3.3 billion, according to The New York Times, which first reported news of the deal.It ends a drama that has been like a real-life version of HBOs Succession, only with huge financial implications and an impact on U.S. politics. Fox and its conservative opinion dominates news ratings, at points this summer more popular than the general broadcast networks, and is the go-to network for Trump and his team to spread news. DAVID BAUDER Bauder is the APs national media writer, covering the intersection of news, politics and entertainment. He is based in New York. twitter mailto
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