Forbes Daily: Murdoch Family Feud Will Decide Future Of Fox News [Forbes]
Fox Corporation - Class B (FOX)
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Source: Forbes
This is a published version of the Forbes Daily newsletter , you can sign-up to get Forbes Daily in your inbox here Good morning, The Murdoch family is headed to court this week over the future of billionaire Rupert Murdoch's media empire. Murdoch's new succession plan would pass control of his businesses solely to Lachlan Murdoch, his eldest son and the chairman of News Corp—the parent firm of the print empire that includes the Wall Street Journal and New York Post —and executive chairman and CEO of the Fox Corporation. But three of Murdoch's other children, who were set to have equal voting shares under the original plan, are fighting back. According to one document obtained by the New York Times , Murdoch may be motivated by a desire to maintain the conservative leanings of his outlets like Fox News—which some of his children do not share. FIRST UP Former President Donald Trump looks on during a campaign rally at The Expo at World Market Center Las Vegas on September 1
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