Rupert Murdoch seals deal passing control of media empire to eldest son | Media News

Legal settlement ensures Lachlan Murdoch will take control of sprawling media portfolio after 94-year-old mogul’s death.

Rupert Murdoch’s family has reached a deal to end the years-long succession battle over the mogul’s media empire.

The deal, announced by News Corp on Monday, will see eldest son Lachlan Murdoch take control of a sprawling media portfolio that includes Fox News, The Wall Street Journal, The New York Post, and The Times.