The nonagenarian media mogul and his son Lachlan were expected to attend celebrations for the 60th anniversary of The Australian later this month.
The media industry’s year was filled with shock resignations,succession plans and landmark court rulings.
As Cory Bernardi called the Ukraine war a “black hole of corruption” on his Sky News Australia show,Lachlan Murdoch was 24 hours away from touching down in the country’s capital.
The media boss’ meeting with the Ukrainian president comes at a time when many US Republicans have soured on continuing to fund the war with Russia.
News Corp Australia has tapped 2GB radio star Ben Fordham’s executive producer,James Willis,to lead a flagship video project at The Daily Telegraph.
Chief executive Robert Thomson says the market is undervaluing the media company,despite it losing Australian subscribers in the first quarter of fiscal 2024.
Starboard Value,which is run by “the most feared man in corporate America”,has built a stake in News Corp and calls for a spin-off of REA Group,its Australian real estate division.
Media billionaire Lachlan Murdoch made a personal plea to Google’s chief executive in an attempt to stop the tech giant from banning Aussie start-up Unlockd from its platform in 2018.
The former conservative prime minister is on track to join Fox Corporation’s board of directors in Lachlan Murdoch’s first major move to stamp his authority as the company’s sole chair.
Lachlan Murdoch will succeed his father at the top of the global empire Rupert built over 70 years. Does he have the chops for it?
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