News organizations petition Nevada Supreme Court to open up secret Murdoch succession case [Yahoo! Finance]
New York Times Company (The) (NYT)
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Source: Yahoo! Finance
Murdoch is seeking to amend the family trust that he established decades ago, giving his four oldest children equal votes over the future of his conservative media empire, including its highly profitable crown jewel Fox News, after he dies. The 93-year-old patriarch wants to change the structure so that his eldest son and chosen successor Lachlan – who is more politically aligned with his father than the other children – will remain in charge for decades to come and maintain its right-wing editorial bent. But his three other eldest children, who have more moderate views, are fighting the change. The family battle is taking place behind closed doors in a Washoe County courtroom. Nevada offers one of the most private court settings for issues like family trust decisions, allowing parties and judges to lock the cases behind closed doors to such an extreme degree that their very existence is not even publicized on court dockets. The Murdoch case was only revealed after The New York Tim
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