One of Lachlan Murdoch’s biggest challenges will be how to handle Donald Trump in an election year.
Lachlan Murdoch welcomed the nomination,stating the former Australian prime minister had skills,experience and perspective that would contribute to the board and benefit the company.
Rupert Murdoch’s retirement has given his chosen successor control of global newspaper and television businesses that are influential but face major challenges.
With media insiders pointing to Lachlan Murdoch’s affection for News Corp’s stable of newspapers in Australia,it should be business as usual for the time being.
The Succession finale may have only been four months ago,but Rupert Murdoch’s big news has reignited our appetite for billionaire media mogul drama.
Rupert Murdoch may technically have stepped back from running the media empire he built over many decades,but don’t be fooled by his new title.
Murdoch is,and deserves to be,regarded as Australia’s most successful businessman on the international stage,and one of the more powerful and influential figures in world affairs for much of his unusually lengthy career.
Over 70 years,Murdoch built a controversial empire and became one of the leading media executives in the world.
Every morning before catching the school bus,Lachlan and his siblings would read the morning papers,with his father flagging stories of interest,ordering:“Read that.”
Rupert Murdoch’s announcement that he is handing over the reins to his son has drawn a range of positive and negative responses across the political world.
In making the announcement,the 92-year-old billionaire stated he was still in good health but “the time is right to take on different roles.”