"Rupert Murdoch, 94, has anointed Lachlan Murdoch, his oldest son, as leader for decades to come, of a conservative media empire that includes Fox News, the The Wall Street Journal and the New York Post as well as prominent outlets in the U.K. and Australia. The elder Murdoch engineered billions in transactions to end a succession battle among his children and bolster Lachlan's role in charge of Fox Corp. and News Corp."
"Lachlan, 54, emerged as the winner Monday in a years-long rivalry with his brother James, 52, over who would control the family's extensive holdings. The succession adds to the already bright spotlight that's focused on Lachlan as he came to be seen as the most likely heir to preserve the conservative identity that defines his father's portfolio. But observers have long noted that Rupert and Lachlan Murdoch have distinct approaches."
Lachlan Murdoch, 54, has been anointed leader of Rupert Murdoch's conservative media empire, which includes Fox News, The Wall Street Journal, the New York Post, and major outlets in the U.K. and Australia. Rupert Murdoch engineered billions in transactions to end a succession battle among his children and to bolster Lachlan's control of Fox Corp. and News Corp. Lachlan prevailed over his brother James in a years-long rivalry for family holdings. Observers note that Rupert and Lachlan have distinct approaches, with Lachlan perceived as more hands-off and less likely to act as a Republican 'kingmaker.'
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