The Murdoch Media Empire, At a Glance
he Murdochs are, once again, doing absolutely nothing to discourage the Succession comparisons…
On Wednesday, the NYT revealed that billionaire media mogul Rupert Murdoch has been embroiled in a secret legal battle with 3 of his children since late 2023 over the political future of his sprawling news and TV empire.
According to a previously sealed court document, voting control in the event of the 93-year-old’s passing is the issue at the heart of the matter. Per the current terms of the Murdoch family trust, voting powers at Fox Corp. and News Corp. would be distributed among his 4 oldest children — Rupert wants to change that by giving his son Lachlan (the eldest boy) sole power, reportedly in an effort to maintain the conservative leanings of his many vastly influential media properties.
See the full article here.
Dataset
| Segment | Example brand | Revenue (FY2023) |
|---|---|---|
| Television | Fox | $8.7B |
| Cable Network Prog. | Fox News | $6.0B |
| News Media | New York Post | $2.3B |
| Dow Jones | WSJ | $2.2B |
| Book Publishing | Harper Collins | $2.0B |
| Subscription Video | Foxtel | $1.9B |
| Digital Real Estate | realtor.com | $1.5B |
| Other Fox | $0.16B |
