If Rupert Murdoch, 93, prevails in his legal effort to change voting rights of the family trust to ensure that his chosen successor and conservative-leaning eldest son, Lachlan Murdoch, 53, runs the company after his death, little may change.
That would be an earthquake in American politics. No other media power in the US has the impact that Fox News has had in the last two decades.
It has become a driving force of American conservatism, feared for its power by both Republicans and Democrats. And condemned by many for its conservative bias.
Gaming out the different scenarios at stake in Reno is water cooler talk at Fox News's midtown New York headquarters.
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