Current:Home > NewsMeet Lachlan Murdoch, soon to be the new power behind Fox News and the Murdoch empire -Wealth Legacy Solutions
Meet Lachlan Murdoch, soon to be the new power behind Fox News and the Murdoch empire
Algosensey Quantitative Think Tank Center View
Date:2025-03-11 07:26:08
For Lachlan Murdoch, this moment has been a long time coming. Assuming, of course, that his moment has actually arrived.
On Thursday, his father Rupert Murdoch announced that in November he’ll step down as the head of his two media companies: News Corp. and Fox Corp. Lachlan will become the chair of News Corp. while remaining chief executive and chair at Fox Corp., the parent of Fox News Channel.
The changes make Rupert’s eldest son the undisputed leader of the media empire his father built over decades. There’s no real sign that his siblings and former rivals James and Elisabeth contested him for the top job; James in particular has distanced himself from the company and his father’s politics for several years. But Rupert, now 92, has long had a penchant for building up his oldest children only to later undermine them — and sometimes to set them against one another — often flipping the table without notice.
Given Rupert Murdoch’s advanced age, this might be his last power move. But there’s a reason the HBO drama “ Succession ” was often interpreted as a thinly disguised and dark satire of his family business. In Murdoch World, as in the fictional world of the Roy family, seemingly sure things can go sideways in an instant, particularly when unexpected opportunities arise.
Lachlan Murdoch has lived that first hand. Born in London, he grew up in New York City and attended Princeton, where he focused not on business, but philosophy. His bachelor’s thesis, titled “A Study of Freedom and Morality in Kant’s Practical Philosophy,” addressed those weighty topics alongside passages of Hindu scripture. The thesis closed on a line from the Bhagavad Gita referencing “the infinite spirit” and “the pure calm of infinity,” according to a 2019 article in The Intercept.
Béatrice Longuenesse, Lachlan’s thesis advisor at Princeton, confirmed the accuracy of that report via email.
After graduation, though, Lachlan plunged headlong into his father’s business, moving to Australia to work for the Murdoch newspapers that were once the core of News Corp.'s business. Many assumed he was being groomed for higher things at News Corp., and they were not wrong. Within just a few years, Lachlan was deputy CEO of the News Corp. holding company for its Australian properties; shortly thereafter, he took an executive position at News Corp. itself and was soon running the company’s television stations and print publishing operations.
Lachlan’s ascent came to an abrupt halt in 2005, when he resigned from News Corp. with no public explanation. According to Paddy Manning, an Australian journalist who last year published a biography of Lachlan Murdoch, the core problem involved two relatively minor issues on which Lachlan disagreed with Roger Ailes, who then ran Fox News.
“The real point was that Lachlan felt Rupert had backed his executives over his son,” Manning said in an interview. “So Lachlan felt, ‘If I’m not going to be supported, then what’s the point?’” Manning did not have direct access to Lachlan for his book “The Successor,” but said he spoke in depth with the people closest to his subject.
Lachlan returned to Australia, where he has often described feeling most at home, and founded an investment group that purchased a string of local radio stations among other properties.
While he was away, News Corp. entered choppy waters. The U.K. phone-hacking scandal, in which tabloid journalists at the News of the World and other Murdoch-owned publications had found a way to listen to voicemails of the British royal family, journalistic competitors and even a missing schoolgirl, had seriously damaged the company. The fracas led to resignations of several News Corp. officials, criminal charges against some, and the closure of News of the World as its finances went south.
Manning said that the damage the scandal inflicted on News Corp. — and on both Lachlan Murdoch’s father and his brother James, chief executive of News’ British newspaper group at the time — helped pull Lachlan back to the company.
“He was watching the family tear itself apart over the phone-hacking scandal,” Manning said. Lachlan was “instrumental in trying to circle the wagons and turn the guns outwards, and stop Rupert from sacking James.”
While it took more convincing, Lachlan eventually returned to the company in 2014 as co-chairman of News Corp. alongside James.
Not long afterward, Ailes was forced out of his job at Fox News following numerous credible allegations of sexual harassment.
Lachlan Murdoch has drawn criticism from media watchdogs for what many called Fox News’ increasingly conspiratorial and misinformation-promoting broadcasts. The network hit a nadir following the 2020 election when voting machine company Dominion Voting Systems sued Fox News for $1.6 billion, alleging that Fox knowingly promoted false conspiracy theories about the security of its voting machines.
Fox settled that suit for $787.5 million in March of this year. A similar lawsuit filed by Smartmatic, another voting-machine maker, may go to trial in 2025, Fox has suggested.
In certain respects, though, Lachlan Murdoch’s behavior suggests some ambivalence about his role at News Corp. In 2021 he moved back to Sidney and has been mixing commuting and remote work from Australia ever since. “I think there’s a legitimate question about whether you can continue to do that and for how long” while running companies based in the U.S., Manning said.
___
Associated Press climate and environmental coverage receives funding from the Quadrivium foundation, founded by James and Kathryn Murdoch. More information about AP climate initiative can be found here. The AP is solely responsible for all content.
veryGood! (455)
Related
- A South Texas lawmaker’s 15
- Ariana Madix Is Making Her Love Island USA Debut Alongside These Season 5 Singles
- Fox pays $12 million to resolve suit alleging bias at Tucker Carlson's show
- Surprise, you just signed a contract! How hidden contracts took over the internet
- South Korean president's party divided over defiant martial law speech
- The Pathway to 90% Clean Electricity Is Mostly Clear. The Last 10%, Not So Much
- Netflix's pop-up eatery serves up an alternate reality as Hollywood grinds to a halt
- Ariana Madix Is Making Her Love Island USA Debut Alongside These Season 5 Singles
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- New Toolkit of Health Guidance Helps Patients and Care Providers on the Front Lines of Climate Change Prepare for Wildfires
Ranking
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Climate Change Makes Things Harder for Unhoused Veterans
- Britney Spears’ Upcoming Memoir Has a Release Date—And Its Sooner Than You Might Think
- A Timber Mill Below Mount Shasta Gave Rise to a Historic Black Community, and Likely Sparked the Wildfire That Destroyed It
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- This is Canada's worst fire season in modern history — but it's not new
- See Kylie Jenner React to Results of TikTok's Aging Filter
- Legacy admissions, the Russian Ruble and Final Fantasy XVI
Recommendation
EU countries double down on a halt to Syrian asylum claims but will not yet send people back
Heat waves in Europe killed more than 61,600 people last summer, a study estimates
What’s Good for Birds Is Good for People and the Planet. But More Than Half of Bird Species in the U.S. Are in Decline
Melanie Griffith Covers Up Antonio Banderas Tattoo With Tribute to Dakota Johnson and Family
Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
How Shein became a fast-fashion behemoth
The EV Battery Boom Is Here, With Manufacturers Investing Billions in Midwest Factories
Amazon Prime Day 2023 Alternatives: Shop Target, Walmart, Wayfair, Ulta, Kohl's & More Sales