Lachlan Murdoch takes control of family media empire
Lachlan Murdoch will lead his father's media business, including Fox News and The Wall Street Journal after a new family agreement.
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Lachlan Murdoch became the main heir to his father Rupert Murdoch's media empire through a new family deal. He will control major media companies like Fox News, Fox Corporation, and The Wall Street Journal. This happened after years of questions about which child would take over the family business.
Lachlan worked closely with his father for many years and was chosen as the best successor. At 92 years old, Rupert Murdoch is planning a smooth transition.
Fox News is one of the most important conservative media platforms in America, and The Wall Street Journal is respected worldwide. Lachlan has been preparing for this role and has experience in executive positions. This change ensures the Murdoch family will continue to be powerful in global media.
Original Article
nbcnews.comhttps://www.nbcnews.com/video/lachlan-murdoch-gets-control-of-fox-and-wsj-media-empire-in-new-family-deal-247144005522