The Sky takeover and the next generation of the Murdoch dynasty
As the Murdochs plot their next move, the family’s future looms larger than ever before, writes Josip Kotlar in this crossposting from The Conversation.
The Murdoch family’s sale of 21st Century Fox’s entertainment assets to Walt Disney raised a lot of eyebrows when it was announced last year. And now the company is clear to take over Sky (pending the sale of Sky News) it seems that one of the world’s most successful family businesses is back in the fast lane – but who is behind the wheel?
For years, speculation was rife over who would succeed Rupert Murdoch. The role of leader was being fought over by his two oldest sons, Lachlan and James. The two Murdoch heirs have been swarming all over senior posts at both News Corp and 21st Century Fox for years.
This led the Murdoch empire to become split between two separately listed companies – 21st Century Fox led by James and News Corp led by Lachlan.
