Rupert Murdoch, 94, has anointed Lachlan Murdoch, his oldest son, as leader for decades to come, of a conservative media empire that includes Fox News, the The Wall Street Journal and the New York ...
Lachlan Murdoch will take control of a new family trust in a deal worth $3.3 billion, ensuring that his father’s media empire will retain its conservative slant. By Jim Rutenberg and Jonathan Mahler ...