The billionaire’s ‘retirement’ from his controversial media empire might not protect him from litigants such as his fellow News Corp and Fox shareholders.
Sky News Australia’s strategy of delivering content toward an increasingly far-right,US-based audience has sparked a divide at the conservative broadcaster.
Like his sister Elisabeth,James withdrew himself from the succession. And so now we get Lachlan. For the sake of news,and all of us who consume it,that’s too bad.
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.