Prudence Macleod, Elisabeth Murdoch and James Murdoch issued a statement on Wednesday, saying that they are happy to have reached an agreement to resolve the litigation on the Murdoch family trustee.
“Prudence, Elisabeth and James are pleased that this matter is behind,” said a spokesman for James Murdoch in a statement sent by email
You may be interested: Lachlan Murdoch consolidates the control of the Fox media empire and the WSJ in a new family agreement
The Murdoch family has reached an agreement in which the older politically conservative son of Murdoch, Lachlan Murdoch, will consolidate the control of the family media empire that includes Fox News and the Wall Street Journal.
The agreement, announced on Monday, ends a family dispute over who will control one of the most prominent media groups in the world, thus resolving doubts about the succession within the Murdoch family after the death of its patriarch.
The Murdoch family drama was widely considered an inspiration for the television series Successionwhich deals with internal conflicts between members of a media dynasty. Its resolution in real life preserves the conservative inclination of the media of Murdoch.
With Reuters Information
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