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Even as the Murdochs bitterly feud, their empire thrives

Why are investors so keen on their legacy media companies?

    • The return of Donald Trump has helped Fox’s advertising business, by normalising opinions which once made mainstream advertisers queasy about airing commercials on Fox News.
    • The return of Donald Trump has helped Fox’s advertising business, by normalising opinions which once made mainstream advertisers queasy about airing commercials on Fox News. PHOTO: REUTERS
    Published Tue, Jun 3, 2025 · 06:00 PM

    NOTHING in Fox’s television schedules last year was quite as exciting – or, at times, as profane – as the drama that played out in a closed probate court in Reno, Nevada.

    Rupert Murdoch, the now 94-year-old founder and controlling shareholder of Fox Corporation and its sister company, News Corp, was trying to change the terms of a family trust in order to block three of his children from inheriting control of the companies on his death. The high-stakes legal manoeuvre was rejected. An appeal – and thus a new season of morbid entertainment for media watchers – is in the works.

    As the Murdochs continue their decades-long, multibillion-dollar family feud, the empire they are fighting over is flourishing.

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