Sky News Daily

The end of Rupert Murdoch’s ‘Succession’ saga?

11 snips
Sep 10, 2025
In a compelling discussion, Paul Kelso, Sky News' business correspondent, and Paddy Manning, investigative journalist and author, dive into the high-stakes world of the Murdoch family's media empire. They explore Lachlan Murdoch's ascension as Rupert's successor amid a backdrop of sibling rivalry, financial stakes, and power struggles. The conversation intriguingly parallels real-life events with the drama of the show 'Succession,' while also delving into Lachlan's evolving political views and the future involvement of the next generation in the family legacy.
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INSIGHT

Two Pillars Of The Murdoch Empire

  • The Murdoch media empire is split mainly between Fox (broadcast) and News Corp (publishing).
  • Together they generate tens of billions in revenue and wield massive global influence.
INSIGHT

How A Fair Trust Created Conflict

  • Rupert set a family trust splitting votes equally among his children to manage succession.
  • That 25%‑each structure created the potential for a bitter, contested handover.
ANECDOTE

Operation Family Harmony Backfired

  • Rupert's 2023 plan to change the trust, dubbed Operation Family Harmony, tried to cement Lachlan's control.
  • That plan prompted James, Elisabeth and Prudence to sue in Nevada.
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