The current rapid growth in unimaginable wealth while more children go hungry reminds us that the story of Versailles did not end well.
The ABC has bought itself a total dud but that probably won't stop the many critics of News Corp and Murdoch from lapping it up.
After James Murdoch's public departure from family affairs,the heir apparent is clearer than ever. So who exactly is Lachlan Keith Murdoch and what makes him tick?
Rupert Murdoch's publishing,real-estate and subscription video empire reported a net loss of more than $2 billion.
James Murdoch has resigned from the News Corporation board of directors,citing"disagreements"about the company's editorial content.
Other Fox executives will also forgo their salaries until September to protect the company's full-time employees during the health crisis,the Murdochs said.
Now that his family has sold the bulk of its media empire to The Walt Disney Co. and he has largely broken away from what remains,Murdoch is making the environment a top focus of his new career as an investor.
A former News Corp executive ponders what might have been if Rupert Murdoch's younger son,James,had held on to the company's reins. Instead,James is on the outer,and condemning News Corp's coverage of climate change.
The media billionaire has been spotted smooching in the swell in Barbados with his fourth wife,Jerry Hall.
The 48-year old media heir has just broken California's property price records with a Bel-Air estate that had been featured on"The Beverly Hillbillies"TV show.
The rich list and political inner circle gathered for Lachlan Murdoch's Christmas drinks,including the Prime Minister,Opposition Leader and other business and media heavyweights.