Lachlan Murdoch

5 Stories

Murdoch, Sons Survive Shareholder Vote

Long-shot bid to end their control of News Corp fails

(Newser) - News Corp's shareholder meeting went pretty much as expected: Rupert Murdoch and sons took plenty of heat but survived a long-shot bid to oust them from control, reports the Los Angeles Times . The tally will be released next week, but given that the Murdoch family controls 40% of voting... More »

Family Deadlock Looms for News Corp.

No tie-breaker deal for 4 Murdoch heirs with voting power: Wolff

(Newser) - News Corp. could be headed for a deadlock when 77-year-old Rupert Murdoch's heirs take over, the Financial Times writes, based on a reading of Newser founder Michael Wolff's upcoming book, The Man Who Owns the News. An agreement giving equal shares in the Murdoch family’s stake to all 6... More »

Meet the Murdochs, the Last News Dynasty

6 children compete for affection and business, writes Wolff

(Newser) - In an age of MBA-holding executives and shareholder revolts, Rupert Murdoch's News Corp. is that rarest thing: a business dynasty. The media mogul's six children, by three different wives, have conducted their power plays in public and private. But as Michael Wolff writes in Vanity Fair, while the elder... More »

Murdoch Heir's Deal for Aussie Media Mainstay Falls Apart

Consolidated Media won't budge on price

(Newser) - A $3 billion bid for control of Australia's Consolidated Media Holdings by Rupert Murdoch’s son, Lachlan, is dead in the water after Murdoch’s financial backers and CMH—a major magazine and TV player—failed to agree to a price for the takeover, the Australian reports today. The original... More »

Next-Generation Media Moguls Aim High

Murdoch Jr., Packer Jr. set sights on Oz's No. 2 conglomerate

(Newser) - The sons of two legendary Australian media moguls are joining forces in a $2.9 billion bid to take the country’s Consolidated Media Holdings private, The Australian reports. If the deal is approved, Lachlan Murdoch and James Packer will share the diverse media conglomerate 50-50, with Murdoch as the... More »

5 Stories