The Murdoch family has finalized a settlement regarding Lachlan Murdoch’s future role within the media empire. This agreement will see Lachlan assume full control of the Fox News and Wall Street Journal holdings, representing a significant portion of the family’s global media presence. The resolution addresses a longstanding dispute concerning succession within the family, eliminating uncertainty regarding leadership within the influential organization. The settlement will effectively consolidate Lachlan’s position as the primary operator of these key media platforms.
Credits: News – South China Morning Post