Thursday, December 14, 2017

The Murdoch brothers: how their roles will change

Rupert Murdoch’s Disney deal puts the focus back on his sons, James and Lachlan, and the question of family succession

For the past 20 years Rupert Murdoch’s youngest son has worked for the family business. When the Disney deal receives official approval, 45-year-old James will depart the family firm – either to join the rival media company or to strike out on his own – marking a major split in the dynasty. His father’s News Corp conglomerate bought his start-up hip hop label Rawkus Records in the 1990s but he first earned his spurs at the media group by successfully running Asian TV business Star. By 30 he was head of Sky (then known as BSkyB) in the UK, where his star continued to rise.

Related: Rupert Murdoch reshapes media empire with $66bn Disney deal

Related: Disney-Fox deal: what it means for the Murdochs and their media empire

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from Mergers and acquisitions | The Guardian http://ift.tt/2AYCPhy

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