Slate Money

Money Talks: The Family Squabble That Could Change Right-Wing News

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Apr 29, 2025
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INSIGHT

Internal Family Power Struggle

  • Rupert Murdoch aims to concentrate control of the family empire with Lachlan, favoring a Trumpist Republican approach for Fox News.
  • James Murdoch opposes this, advocating for a more responsible, moderate Fox News to protect both democracy and financial health.
INSIGHT

Murdoch Family's Media Silence

  • The Murdoch children rarely talk to the press due to a strict family code taught by Rupert, viewing outside journalists as enemies.
  • James and Catherine were exceptions, feeling liberated to speak after Rupert's attempt to rewrite the family trust felt like a betrayal.
INSIGHT

Beyond Money: The Murdoch Legacy

  • The Disney sale made the Murdoch heirs financially independent, reducing the monetary importance of Fox News and News Corp.
  • Control of the empire symbolizes legacy, status, and psychological value beyond pure profit.
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