Rupert Murdoch has lost a battle to change who controls the future of his media empire when he dies.
The case pitted the 93-year-old against three of his children over who would gain the power to control News Corp and Fox News.
It has been reported that Mr Murdoch wanted to amend a family trust created in 1999 to allow his son Lachlan to take control without "interference" from his siblings Prudence, Elisabeth and James.
But a Nevada commissioner ruled Mr Murdoch and Lachlan had acted in "bad faith" and called the efforts a "carefully crafted charade", according to New York Times.
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Author: BBC News
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News post in December 10, 2024, 6:04 pm.
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