00:00It's Benzinga bringing Wall Street to Main Street.
00:02Nevada Probate Commissioner Edmund J. Gorman Jr. is ruling against Rupert Murdoch's attempt
00:07to amend his family trust to secure control of Fox News for his son,
00:10Lachlan Murdoch. Gorman Jr. called the effort a carefully crafted charade
00:15and found both Murdoch and his son acted in bad faith. The ruling blocks Murdoch's bid
00:20to ensure Fox News retains its conservative editorial stance by altering the irrevocable
00:24trust, which divides control of the family business equally among Murdoch's four children.
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