Lachlan Murdoch Steps Into Father Rupert's Shoes as Dealmaker, But Path Forward Unclear for Fox and News Corp

Rupert Murdoch built a media empire through acquisitions, but also knew when to sell assets. His son Lachlan now runs Fox and News Corp.
There are signs Lachlan has some of his father's dealmaking traits, like acquiring Tubi. But some expect smaller deals for now.
A Fox-News Corp merger could happen eventually to reinforce Lachlan's leadership. Settlement with Dominion removes an obstacle.
If Murdoch's media assets were sold, it would be a hugely consequential deal given Fox News' role in GOP politics.
Wealthy Republicans could be interested in Fox News if it's sold. Chris Ruddy of Newsmax says he'd be interested in acquiring Fox News.

hollywoodreporter.com

Relevant topic timeline:

9/21/2023

Rupert Murdoch Steps Down as Fox News Chairman, Lachlan Murdoch Takes Over as Network Faces Lawsuits Over Election Claims

Rupert Murdoch is stepping down as chairman of Fox Corporation and News Corp, with his son Lachlan Murdoch taking over as sole chairman of both companies.

9/21/2023

Rupert Murdoch's Retirement Seen as Trial Balloon to Boost Son Lachlan's Status as Heir to Media Empire

Rupert Murdoch's announcement of his "retirement" and transition to chairman emeritus is likely a strategic move to boost the status of his chosen heir, Lachlan Murdoch, and maintain control of his media empire after his passing.

9/23/2023

Lachlan Murdoch to Take Control of Fox in November, Seen as Ideologically Aligned with Father Rupert

Lachlan Murdoch's assumption of control over the Murdoch media empire is not expected to bring significant changes to the conservative-leaning Fox News, as he has been described as just as conservative as his father, Rupert Murdoch.

9/23/2023

Lachlan Murdoch to Take Over as News Corp Chair From Father Rupert After Rocky Past With Company

Lachlan Murdoch is set to become the undisputed leader of his father's media empire, News Corp. and Fox Corp., as Rupert Murdoch steps down, but history suggests that things can quickly change within the Murdoch family business.

9/26/2023

MAGA Media Outlets Seek to Overtake Fox News With More Extreme Pro-Trump Lies

The departure of Rupert Murdoch from Fox Corp. and News Corp. has shifted focus to the succession within the Murdoch family, but the bigger story lies in the growing competition from well-funded GOP propaganda outlets that are more extreme, explicitly racist, and favor Trump even more than Fox News viewers, which could threaten Fox News' audience and influence.

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Posted 9/27/2023, 11:10:26 AM

Lachlan Murdoch Steps Into Father Rupert's Shoes as Dealmaker, But Path Forward Unclear for Fox and News Corp

Rupert Murdoch built a media empire through acquisitions, but also knew when to sell assets. His son Lachlan now runs Fox and News Corp.
There are signs Lachlan has some of his father's dealmaking traits, like acquiring Tubi. But some expect smaller deals for now.
A Fox-News Corp merger could happen eventually to reinforce Lachlan's leadership. Settlement with Dominion removes an obstacle.
If Murdoch's media assets were sold, it would be a hugely consequential deal given Fox News' role in GOP politics.
Wealthy Republicans could be interested in Fox News if it's sold. Chris Ruddy of Newsmax says he'd be interested in acquiring Fox News.

hollywoodreporter.com

Relevant topic timeline:

9/21/2023

Rupert Murdoch Steps Down as Fox News Chairman, Lachlan Murdoch Takes Over as Network Faces Lawsuits Over Election Claims

Rupert Murdoch is stepping down as chairman of Fox Corporation and News Corp, with his son Lachlan Murdoch taking over as sole chairman of both companies.

9/21/2023

Rupert Murdoch's Retirement Seen as Trial Balloon to Boost Son Lachlan's Status as Heir to Media Empire

9/23/2023

Lachlan Murdoch to Take Control of Fox in November, Seen as Ideologically Aligned with Father Rupert

9/23/2023

Lachlan Murdoch to Take Over as News Corp Chair From Father Rupert After Rocky Past With Company

9/26/2023

MAGA Media Outlets Seek to Overtake Fox News With More Extreme Pro-Trump Lies