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The Latest Breaking News from News Corp

Lachlan Murdoch: Net Worth, Career, and Key Facts as He Inherits Rupert's Media Empire

The succession issue within the Murdoch family is finally over. Here are some quick facts about Lachlan Murdoch as he was chosen to take over the media empire.

International Business Times UK

Fox, PACS Group, News Corp And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

U.S. stock futures were higher this morning, with the Dow futures gaining around 0.1% on Tuesday.

Benzinga

Rupert Murdoch's $3.3 Billion Payoff Ensures Lachlan Secures Media Empire

Rupert Murdoch's $3.3B settlement ends family feud, securing Lachlan sole control of Fox, News Corp and The Sun while shaping the empire's future direction.

International Business Times UK

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Murdoch resolves succession drama – a win for Lachlan; a loss for public interest journalism

Rupert Murdoch has succeeded in securing his vision for the future of News Corporation, the global media empire he has always thought of as his family business.

The Conversation

Lachlan Murdoch is now in control of News Corp and its Australian newspapers are safe – for now

Eldest son will now be what Rupert Murdoch has described as ‘protector of the conservative voice in the English-speaking world’

The Guardian - AU

Rupert Murdoch seals deal passing control of media empire to eldest son

Legal settlement ensures Lachlan Murdoch will take control of sprawling media portfolio after 94-year-old mogul’s death.

Al Jazeera

The Murdochs Settle Family Dispute Over Who Will Take Over The Publishing Empire

After Rupert tried to remove the three siblings’ voting power within the multi-billion dollar company in a project he reportedly titled “Project Family Harmony”, the three siblings took him to court. Well, the verdict has just arrived and it's the best Succession episode we could've asked for.

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Rupert Murdoch's real-life 'Succession' battle just ended in a multibillion-dollar deal that keeps Fox News, Wall Street Journal conservative

The future of Fox News and The Wall Street Journal were at stake.

Fortune

Murdoch family settles succession battle over media empire

IN FULL

The Independent UK

Murdoch Family Settles Dispute On Control Of Media Assets

Rupert Murdoch's children have reached a settlement in the legal dispute over control of the right-wing media mogul's companies, News Corp and Fox Corp announced Monday.

International Business Times

Murdoch Family Succession Battle Settled: Fox News Will Stay Conservative

The Murdoch family’s long-running succession battle has ended, with Lachlan Murdoch cemented as the new leader of Rupert Murdoch's vast media empire, including Fox News and News Corp.

Benzinga

The real life succession: Lachlan Murdoch wins control of family empire and takes the reins of Fox Corporation

The deal has ended litigation between the family after Rupert, 94, tried and failed to change the family trust and give control to his son, Lachlan

The Independent UK

Murdoch family reaches deal to resolve succession fight over media empire

Family announces Rupert Murdoch’s eldest son, Lachlan Murdoch, will secure control of business

The Guardian - US

Sky News Australia sends neo-Nazi rant from court doorstep live to air

News Corp channel puts to air statement from extremist just days after alleged attack on Indigenous protest site. Plus: 4BC’s typo to end all typos

The Guardian - AU

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Fortune

Perplexity wants to play nice with publishers. They keep suing it anyway

Perplexity is facing copyright lawsuits from publishers around the world, even as it tries to forge partnerships with them.

The Guardian - AU

Gina Rinehart’s apocalyptic visions for bush summits just the latest in a history of climate science denialism

Sponsorship of News Corp’s event series has given Australia’s richest person a vehicle for her anti-net zero crusade

Benzinga

Is Media And Entertainment A Growth Sector? These 3 Legacy Giants Are Flashing Bright Green

Legacy media and entertainment companies witnessed a big spike in their “Growth” scores over the past week alone, hinting at a potential turnaround in the sector.

The Guardian - AU

If you dogwhistle it, neo-Nazis will come: the ‘March for Australia’ – and the problems reporting it poses for media

News Corp tabloid reproduces event flyer complete with slogans. Plus: a landmark defamation ruling

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Barchart

Do Wall Street Analysts Like News Corporation Stock?

Despite News Corporation's underperformance relative to the broader market over the past year, Wall Street analysts maintain a bullish outlook about the stock’s prospects.

Fortune

Disney adds to sports streaming war chest with ESPN/Fox bundle priced at $39.99 per month

You can save $10 a month by signing up for this bundle, instead of ESPN’s and Fox’s separate stand-alone services, debuting in August.

The Guardian - AU

Pretty bloomin’ what? The Great Barrier Reef is a picture of health, The Australian assures us

The News Corp broadsheet puts a Pollyannish spin on study that found a record decline in world’s largest coral reef. Plus: Grok goes woke

The Guardian - AU

Labor was in a climate crouch. It now has the chance to stand up to News Corp and put the national interest first

Australia’s political landscape is barely recognisable from four years ago. Will Labor abandon its risk-averse past and take an aggressive stance on emissions?

AAP

News Corp boss issues warning on AI vandalism threats

Despite falling news media revenues, News Corp has boosted earnings as its expands into content licensing in its first full-year earnings since selling Foxtel.

The Guardian - AU

News Corp’s Australian newspaper revenue falls as CEO warns Trump of AI’s ‘art of the steal’

Advertising revenue at division that includes the Australian, Daily Telegraph and Herald Sun down 5%

The Guardian - US

News Corp warns Trump AI is pillaging contents of The Art of the Deal

Company owned by Rupert Murdoch says president’s books are ‘being consumed by AI engines which profit from his thoughts’

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