Legal AF by MeidasTouch Fox Hit with TERRIBLE COURT RULING that might END IT
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Dec 10, 2024 A recent Nevada court ruling may drastically shift Fox News' leadership dynamics. Michael Popok discusses how control is slipping from Lachlan Murdoch, as his siblings—James, Elizabeth, and Prudence—could form a powerful bloc. This trio's potential influence raises questions about a more moderate editorial direction for Fox. A 96-page judicial rebuke highlights the scheme to consolidate Lachlan's power, while underlying concerns about corporate media's impact on democracy come to light. Will Fox's political stance change forever?
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Court Blocks Lachlan's Takeover Plan
- A Nevada court blocked Rupert Murdoch's plan to change his trust to give Lachlan exclusive control over Fox Media.
- The ruling preserves equal voting power among the four children and prevents a forced transfer of control to a single MAGA-aligned heir.
Project Harmony Was A Secret Succession Plan
- Michael Popok recounts 'Project Harmony' as Rupert and Lachlan's secret plan to install Lachlan as successor.
- The three other siblings were blindsided and sued in Nevada after discovering the plan.
Equal Shares Create A Three-Party Block
- The trust divides voting power equally (25% each), requiring three siblings to agree to control corporate decisions.
- That structural requirement can block a unilateral editorial or leadership shift even after Rupert Murdoch dies.