Business, Rupert Murdoch, News Corporation, Fox News, Media, Media business, TV news, Television industry, Donald Trump, Fox, US news, US television industry Business | The Guardian
The move by the billionaire news mogul, 93, could have a ‘real, significant impact’ on the global media landscapeAn elderly billionaire goes to war with his adult children over the future of his media empire. His only ally is his eldest son, crowned leader of his father’s enterprise after years of jostling with his siblings.In choosing a successor, the patriarch spurns three of his other children, who remain threats: when he dies, they will each have just as much power as the eldest son to shape his companies, potentially against the rightwing ideologies that have guided them for decades. Continue reading…
The move by the billionaire news mogul, 93, could have a ‘real, significant impact’ on the global media landscape
An elderly billionaire goes to war with his adult children over the future of his media empire. His only ally is his eldest son, crowned leader of his father’s enterprise after years of jostling with his siblings.
In choosing a successor, the patriarch spurns three of his other children, who remain threats: when he dies, they will each have just as much power as the eldest son to shape his companies, potentially against the rightwing ideologies that have guided them for decades.