Rupert Murdoch Secures the Fox Future He Wants as His Kids Take the Money and Run | Analysis

4 days ago 4

Rommie Analytics

What's it worth to Rupert Murdoch to ensure that the conservative media empire he built stays that way for at least another generation? Try $3.3 billion, which is what his three more politically liberal children, James, Elisabeth and Prudence, will split, in a classic case of take the money and run. After years of family drama worthy of HBO's "Succession," which it inspired, the 94-year-old Murdoch demonstrated just how prescient one of the often-quoted lines from that Emmy-winning series was: "Money wins." By giving up a fight that might have forced Murdoch's Fox News Channel . . .
Read Entire Article