Rupert Murdoch attends court hearing in battle over future of media empire
Source: The Guardian/AP
Mon 16 Sep 2024 16.38 EDT
Last modified on Mon 16 Sep 2024 16.44 EDT
A probate court in Nevada is set to begin reviewing evidence behind closed doors in a case that could determine who will control Rupert Murdoch’s media empire after his death.
Murdoch, 93, arrived at court on Monday for the hearing. Last year, he moved to change the terms of his irrevocable family trust in an effort to ensure that his eldest son, Lachlan, remains in charge of his cadre of newspapers and television networks, including the Wall Street Journal and Fox News Channel, according to reporting by the New York Times based on a sealed court document.
Evidentiary hearings in the case are scheduled to run through Tuesday of next week. The court has kept the hearings closed to the public and most documents sealed, largely rejecting requests for access by news organizations including the Associated Press. The trust was originally set up to give equal control over Rupert Murdoch’s businesses to his four oldest children upon his death, according to the Times.
Murdoch stepped down as leader of Fox News’s parent company and his News Corp media holdings last autumn. He is arguing that to preserve the commercial value of his businesses for all his heirs, the trust must be changed so Lachlan can ensure his newspapers and TV networks continue to have a conservative editorial outlook, the New York Times reported.
Read more: https://www.theguardian.com/media/2024/sep/16/rupert-murdoch-succession-court-nevada