• WEATHER: Hurricane Milton to batter Florida (Graphic DUE Oct 7, 14:00GMT)
  • CONFLICT: Israel intensifies Lebanon attacks (Illustration DUE Oct 7, 15:00GMT)
  • For full details of graphics available/in preparation, see Menu -> Planners
News Sport
Murdoch’s Nachfolge Drama infographic
Grafik zeigt Elemente im Nachfolgestreit um Rupert Murdochs Medien Imperium.
GN44865DE
EN NL AR DE ES PT

BUSINESS

Rupert Murdoch's Nachfolge Drama geht in die nächste Runde

By Jordi Bou

September 22, 2023 - Die Entscheidung des Medienmoguls Rupert Murdoch, seinen ältesten Sohn Lachlan als Nachfolger einzusetzen, ändert nichts an den möglichen Machtspielchen anlässlich Ruperts Tod.

On Sep 21, Rupert Murdoch announced that he was stepping down as the chairman of Fox Corp and News Corp, ending a more than seven-decade career during which he created a media empire spanning from Australia to the United States.

While Lachlan was the expected choice to replace his father, it is unclear what will happen when the elder Murdoch dies.

Ascending to the throne and holding on to it are different propositions. Lachlan’s future will be decided by his siblings, all of whom sit on the board of the trust that controls the company through a special class of stock.

The Murdoch Family Trust has eight votes: four of which are controlled by Murdoch, and the remaining four controlled by the four children from his first two marriages.

Upon Rupert’s death, News Corp and Fox Corp voting shares will be transferred from Murdoch to his four adult children – Prudence, Elisabeth, Lachlan and James – creating a scenario in which three of the children could out-vote a fourth, potentially setting up a battle over the future of media empire.

Sources
PUBLISHED: 25/09/2023; STORY: Graphic News; PICTURES: Getty Images
Advertisement