Succession part 1: The Murdochs
This week on The Fin podcast, senior writer Neil Chenoweth and media and marketing reporter Sam Buckingham Jones on why Lachlan’s position as successor is in doubt, what Rupert is trying to do about it and whether he can win. This podcast is sponsored by IG Further reading:The three headaches of Rupert Murdoch in his battle for controlA bombshell lawsuit between Rupert, Lachlan and his other children begins in Reno, Nevada, next week. Meanwhile, shareholders want change and Foxtel’s for sale.The Murdoch succession saga is far from overTwo weeks after turning 52, Lachlan Murdoch is facing the worst of worlds. After three difficult decades he’s finally won the race to be Rupert’s successor at the head of News Corp and Fox Corporation. At last, he has the reins, he’s finally the man. Except that his father is still around.Trouble in the Murdoch trust fundIf you think you’re doing it tough in the COVID-19 lockdown, spare a thought for Rupert Murdoch’s family – they really don’t get on but they’re locked together in a family trust … forever.See omnystudio.com/listener for privacy information.
