Skip to content
Subscriber Only

Murdoch Solves Empire Succession by Getting Rid of the Empire

  • Fox sale to Disney a nod to need for massive scale in media
  • James in line for Disney role, Lachlan to run remnants
Video player cover image
Sky is the "crown jewel" of Fox’s assets, says Disney CEO Bob Iger.Source: Bloomberg

For decades, investors, analysts, busybodies, columnists and gossips have loved to chew over the ultimate media-dynasty question: When Rupert Murdoch was at long last forced to step down -- whether for age, coup or scandal -- which of his children would assume the throne of his vast empire? James or Lachlan or Elisabeth? Now we know the answer.

There will be no vast Murdoch empire to inherit. There will be no throne.