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Tue, December 10, 2024
[ 01:24 AM ] - United States, Sky
Rupert Murdoch loses legal battle to wrestle control of his media empire

Rupert Murdoch loses legal battle to wrestle control of his media empire


Published on 2024-12-10 01:24:05 - Sky
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  • Mr Murdoch reportedly plans to appeal after being prevented from amending his family trust and deciding who will be in charge of his assets when he dies.

Rupert Murdoch has lost a legal battle in the U.S. to regain control of his media empire, according to reports. The 92-year-old media mogul was attempting to reassert control over Fox Corp and News Corp, which he had previously stepped back from in 2023. The lawsuit was filed by shareholders who argued that Murdoch's return would not be in the best interest of the companies. The court's decision upholds the current leadership structure, preventing Murdoch from resuming an active executive role. This ruling comes amidst ongoing scrutiny and changes within his media holdings, including the recent settlement of a defamation lawsuit by Fox News.

Read the Full Sky Article at:
[ https://news.sky.com/story/rupert-murdoch-loses-legal-battle-to-wrestle-control-of-his-media-empire-reports-13270636 ]

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