Rupert Murdoch's effort to amend his family's irrevocable trust to give control to his son Lachlan was rejected, with a ruling citing bad faith by both.
The Nevada probate commissioner stated that the original trust was intended to divide control equally among all four Murdoch children to ensure unbiased leadership.
Lachlan Murdoch's leadership at Fox News aims to maintain its conservative editorial slant, but his siblings' differing views could challenge this vision as heirs.
Trustees maintain the irrevocable trust to ensure commercial value for all heirs, but ongoing family dynamics complicate governance and editorial direction at News Corp.
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