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Why The Murdoch Family Is In A Succession-Style Legal Battle [Video]

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Company Formation

The Murdoch family are embroiled in a real-life Succession plotline, proving that life really does imitate art.

Rupert, 93, and four of his children — Lachlan, James, Elizabeth and Prudence — have travelled to Reno, Nevada where a closed courtroom is left with the task of deciding the future of the media juggernaut and a multi-billion dollar family trust.

Basically, the senior Murdoch wants to ensure the future of his media empire after his death, and wants his eldest son, Lachlan, to be left in charge of making that happen.

Lachlan is currently at the helm of the family business after taking over from Rupert in November. However, decades-old legalities could threaten his leadership once his dad passes.

While the Succession-esque legal drama has been ongoing behind closed doors for months, it only became public knowledge in July when the New York Times obtained confidential court documents.

In the immediate aftermath of Rupert’s divorcefrom his second wife and the mother of two …

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