Rupert Murdoch loses battle to control succession to his media empire

Rupert Murdoch’s three adult children will retain control over their father’s media empire upon his death, despite Murdoch launching a campaign to wrest away their power and give it all to his oldest son.

The New York Times reported on Murdoch’s loss, citing a sealed court decision that was filed Saturday. The family battle happened outside of the public’s eye, despite attempts from the media to gain access to the trial.

Murdoch took three of his adult children, James, Elisabeth and Prudence, to court as he tried to completely remove their voting power over the trust Murdoch set up. Murdoch wanted to give Lachlan, his oldest son and most likeminded son, complete control over the media companies.

More details soon …