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A shareholder suit filed directly against Rupert and Lachlan Murdoch alleges that their failure to act on “red flags” exposed the company to the defamation suits in the first place, highlighting the risk of personal liability for the family.
Malcolm Turnbull has sensationally described Lachlan Murdoch, the presumed heir to the News Corporation empire, as “stupid” and the family’s media operation as “a political and propaganda operation”.
Meanwhile, Communications Minister Michelle Rowland said Rupert Murdoch leaves behind a lasting legacy in international media and business, wishing both him and Lachlan Murdoch well for the future.
Rupert Murdoch (left) and his son Lachlan Murdoch.
Source: https://adage.com/article/media/rupert-murdoch-stepping-down-chair-fox-and-news-corp/2517286
Son Lachlan Murdoch, the co-chair and CEO of Fox, will take over as chair of News Corp.
Source: https://www.cbc.ca/news/business/rupert-murdoch-fox-news-chairman-resign-1.6973764?cmp=rss
‘The View’: Alyssa Says Lachlan Murdoch Taking Over Fox is Like Roman Winning ‘Succession’: ‘Most Wild and Dangerous’ of the Sons (Video)thewrap.
The Washington Post’s Sarah Ellison reported that Fox Corp. CEO Lachlan Murdoch and Fox News CEO Suzanne Scott made the decision to fire Carlson on Friday night, which would have been sometime around what turned out to be his final show.
Source: https://www.poynter.org/commentary/2023/why-tucker-carlson-was-fired/
“We stand by our position that Lachlan Murdoch was culpable in promoting the lie of the 2020 election result because he, and his father, had the power to stop the lies.
Source: https://citynews.com.au/2023/lachlan-murdoch-drops-defamation-suit-against-crikey/