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A Nevada commissioner ruled that Rupert and Lachlan Murdoch acted in bad faith in attempting to amend a family trust. The ruling ensures equal control of the media empire among Rupert's four oldest children, potentially impacting the future direction of Fox Corp and News Corp.
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A Nevada court ruled against Rupert Murdoch's attempt to amend his family trust, denying his plan to consolidate control for his son Lachlan. The ruling, citing 'bad faith,' could reshape the future of the Murdoch media empire and its leadership dynamics among his children.
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A Nevada court ruled against Rupert Murdoch's attempt to change his family trust, maintaining equal voting power for his four eldest children. This decision has intensified family tensions and raised questions about the future of his media empire, echoing themes from the HBO series 'Succession.'