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00:00.
00:10سنية
00:11نشاهد جانس كثيرا بعض الأعلى ما حصل في انتقالي جنة
00:16عندما كان يدرضا جانبا
00:19شخص كان الي الجانبا أتزال على ما يحدث
00:22ويحدث أن يخلص
00:23ومن الأشياء تحدث أن هناك ميتم انتقالي
00:30One is one to our bad alla Dafu2M.
00:33James, Liz and Prudens met James' countryhouse in Connecticut.
00:41I think all of them were sort of grappling with the fact that this whole process might have driven a
00:48permanent wedge into the family.
00:50And they might not come back from this.
00:54and they wondered if there might be an opportunity
00:58to patch things up with their father and brother.
01:03And so James and his sisters wrote this letter to Rupert
01:08that basically proposed a detente.
01:12We can pause the litigation, get the lawyers out of the room,
01:17get the probate commissioner out of the room
01:19and just talk about this like a family.
01:24We feel like maybe you don't realize
01:26how much pain this has caused us,
01:28but we could work something out
01:30if we just try to approach it in good faith.
01:34A couple days go by and they get a letter back from Rupert
01:38that says, I've reread all of your testimony from the trial.
01:44I'm more convinced than ever that I was right.
01:50If you want to talk to me, talk to my lawyers.
01:54and that's it.
02:15For months, the Murdoch family have been in Reno, Nevada,
02:18in this pitched fight to win control of the empire.
02:24As Rupert sees it, Lachlan is the only one
02:27that will carry on what Rupert built.
02:30If Liz, James, and Prue win this case,
02:34his entire life's work will be over.
02:40Bill Barr, do you have any comment on the way in?
02:43How are you involved in today's case?
02:47He's hired the former attorney general
02:50of the United States, Bill Barr,
02:52this gigantic figure in conservative politics,
02:56in Trump world politics.
02:57He and Rupert have become quite close in recent years.
03:00In fact, at Rupert's 90th birthday party,
03:05Bill Barr played bagpipes.
03:08Rupert has brought him in as his new managing director
03:10on the trust.
03:11That made something that would have seemed
03:14totally implausible,
03:16the idea that Rupert should be able to change
03:18an inviolable trust.
03:19That made it at least plausible.
03:23Barr is basically the hired gun
03:25to make the case that this is about
03:28the financial value of these companies
03:30and protecting all the beneficiaries.
03:35Barr wants to prove that it's bad for companies
03:39when succession is unresolved.
03:42So he orders an analysis, a report,
03:44of what has happened to other companies
03:47that have been tied up in succession fights.
03:51It turns out that in some of the companies
03:53that were studied for this report,
03:56succession struggles
03:57actually were good for shareholders
03:59and the shareholders made a lot of money.
04:01So Barr sees this.
04:03It's not what he wants to hear.
04:05It doesn't help their argument.
04:06And he puts it in a drawer.
04:08In his testimony, it comes out
04:10that he had not shared this report
04:12with the other managing directors.
04:14He never spoke to James' managing director about it.
04:17He never spoke to Liz' managing director about it.
04:20Barr hid that.
04:22And the commissioner found that
04:24that is a sign of bad faith.
04:26He should have shared that what they were doing
04:28is not for the benefit of all the beneficiaries.
04:32And at the end of the day,
04:33if this is about treating all the siblings equally and fairly,
04:37why were the other children in the dark about all of this?
04:43You're reading faces coming out of the building.
04:46It's pretty somber.
04:48Those decisions to lock in Lachlan's leadership
04:51and to preserve Rupert's legacy,
04:56those were clearly going to cause some problems for him.
05:06Hacking into the phones of murder victims.
05:08Keenest and despicable.
05:10Relatives of dead servicemen.
05:12Inappropriate payments to police.
05:15Horrifying.
05:16What does this say about the future of journalists?
05:18The phone hacking spectacle
05:20was so damaging for the Murdoch brand.
05:23I was appalled to find out what had happened.
05:27Pressure is building on his son, James, to step down.
05:31James is the bag man in the phone hacking scandal.
05:35James, fairly or unfairly, had been tarnished.
05:41Meanwhile, Lachlan has left the family company
05:44and is in Australia licking his wounds,
05:48surfing, rock climbing.
05:51He's running non-Murdoch media companies.
05:55Lachlan Murdoch has been appointed the acting CEO of Network 10.
05:59He's also made a lot of really bad decisions.
06:01Network 10 needs yet another multimillion-dollar cash injection.
06:05The 10 network posted a $13 million loss.
06:10But he never felt he was out of the race to take over from Rupert.
06:13The wolves are circling around James Murdoch,
06:16whose handling of the crisis has been heavily criticised.
06:20After the phone hacking scandal broke,
06:23James left Europe in disgrace
06:25and started a new job in the New York headquarters
06:28where he spends a couple of years working under his dad.
06:33So James feels like he's still the only game in town
06:37when it comes to succession.
06:47Then, in 2015, Lachlan flies in from Australia.
06:54Almost immediately,
06:56James is asked to meet with Lachlan
07:01at a restaurant in Manhattan.
07:04He sits down,
07:06and he is told that Lachlan is going to run the company
07:11and that James is now going to report to him.
07:16James is just stunned.
07:21He storms off
07:24and sends word.
07:25That's it.
07:26He's out.
07:29As word gets out within the company
07:31that James might have resigned
07:32and Lachlan is coming back,
07:34several of the executives make known
07:36their concern about the situation.
07:39if they lose James,
07:41they're losing the only Murdoch's son
07:43who knows how the company works.
07:45He's been working in the trenches
07:47for the last decade
07:49while Lachlan has been off in Australia
07:51kind of doing his own thing.
07:54So Rupert comes up with a plan
07:56to try to woo James back.
07:59Rupert decides that he's going to put
08:02both of his sons in charge of the company.
08:05James was named CEO
08:08and Lachlan was named executive chairman of the company,
08:12a title that Rupert also maintained.
08:15James has devoted his whole life to this company.
08:18You don't just walk away from that.
08:21But I think there's a way deeper emotional tie here.
08:25Walking away from the company,
08:27he knows,
08:28won't mean walking away from his family.
08:31So James agrees.
08:33Now you have the two sons anointed together.
08:37They were given this perch
08:39and it was essentially Rupert saying,
08:41okay, what are you going to do?
08:51James and Lachlan
08:52were the ultimate Nepo babies.
08:56These guys were young.
08:58They were 40 years old
09:00and they were being put into these jobs
09:02running one of the five
09:04traditional Hollywood studios.
09:09At the time,
09:10I was an editor at The Hollywood Reporter.
09:14In my interview with them,
09:16they wanted everyone to know
09:17that they have taste,
09:19they have vision
09:20and that they were in charge
09:21of the Hollywood studio now.
09:24They had been coached
09:25by their communications person.
09:27So they were putting on
09:30their best CEO face.
09:32But it was very clear
09:34that there was something below the surface
09:37that they were not telling me.
09:41There was an endless tug of war
09:43between the two of them.
09:45James sensed that Lachlan thought
09:48that he could run
09:49a big complicated media company
09:51just by being around his dad
09:53and James really resented that.
09:56James would look for opportunities
09:59to one-up his older brother.
10:02Lachlan was dyslexic
10:04and struggled with some speech issues.
10:08James would challenge him
10:09in these board meetings
10:11and pick apart his logic
10:13and witheringly argue
10:15against his various ideas.
10:18Lachlan would sort of become flustered
10:19and not know what to say.
10:21And when Rupert was in the room,
10:23he never stepped in to stop it.
10:25He wants to know
10:27whether they have got the fight in them
10:29to see who can stand up to the pressure.
10:32The media business
10:34is a brutal, competitive industry
10:37and Rupert was playing to win.
10:46Rupert is by now in his 80s.
10:49He remains this dynamic figure
10:52trotting the world,
10:54meeting prime ministers and presidents.
10:56Ladies and gentlemen,
10:57I give you Rupert Murdoch.
11:02Oh, thank you, Jeb.
11:03Media mogul Rupert Murdoch
11:05delivered the keynote address
11:06this morning at an education conference.
11:08We need to tear down an education system
11:11designed for the 19th century.
11:14Murdoch uses this big media empire
11:16to push the world
11:18in the way that he wants it to go.
11:20Resist corporate domination
11:22of public education.
11:24Members of the Occupy Wall Street movement
11:26repeatedly interrupt Murdoch's speech.
11:28It's okay, a little controversy
11:30makes everything more interesting.
11:35By 2015,
11:37Rupert's been able to push
11:38a populist, nativist agenda.
11:42Microaggressions and the patriarchy.
11:44Abortion without limits.
11:46Endless chain of migrant caravans.
11:48By the end of the Obama administration,
11:50Fox News had a huge influence
11:52over the dialogue and the commentary
11:54and the issues of our time.
11:56Rupert was a real kingmaker
11:58among politicians.
12:01For decades,
12:02every candidate
12:03goes to kiss the ring.
12:08And then
12:09Rupert gets a call.
12:13It's Ivanka Trump.
12:15She wants to arrange
12:17a meeting with
12:18her husband, Jared Kushner,
12:21her father, Donald Trump,
12:22and Rupert.
12:25Rupert, you know,
12:26had known Trump for years.
12:27I mean, they went back
12:28to 1980s New York.
12:30They did both share this vision
12:32of knocking down
12:34the establishment
12:35in order to make
12:36their own way.
12:38But they were at different
12:39levels of wealth,
12:40at different levels of respect.
12:42Donald Trump was like
12:43a feature of the tabloids.
12:45And Rupert Murdoch
12:46owned the tabloids.
12:49Rupert didn't
12:50take Donald Trump seriously.
12:57But he agreed
12:58to have lunch with him.
13:00They sit down.
13:02The first course
13:03has just been served.
13:06And
13:07Trump says
13:08he's going to run
13:09for president.
13:11You know, Rupert,
13:12who one has to assume
13:14is pretty stunned,
13:15does not look up
13:16from his soup
13:17and says
13:18you're going to have
13:19to be ready
13:19to get wrapped up
13:20pretty badly.
13:21And, you know,
13:22wrapped up is
13:23an Australianism
13:24for, you know,
13:25getting beat up.
13:26So he's basically,
13:27you know,
13:28warning Trump that,
13:29you know,
13:29you're going to take a beating.
13:32Welcome to the first
13:33debate night
13:34of the 2016
13:34presidential campaign.
13:36I'm Megan Kelly.
13:38The very first
13:40Republican primary debate
13:41was hosted by Fox News.
13:46It was one
13:47of the first
13:47candle calls
13:48of all the
13:49Republican
13:49presidential candidates
13:51on stage
13:52in front of this
13:52big audience.
13:53In the center
13:54of the stage tonight,
13:55businessman
13:56Donald Trump.
14:00Murdoch didn't
14:01like Trump.
14:02He didn't like him
14:03as a candidate.
14:04He called him
14:05a fucking idiot.
14:06I think Rupert
14:07wanted Trump gone.
14:09Mr. Trump,
14:10you've called women
14:11you don't like
14:12fat pigs?
14:13dogs,
14:14slobs,
14:15and disgusting animals.
14:17Your Twitter account
14:18has several disparaging
14:19comments about
14:20women's looks.
14:22The tenor
14:23of her question
14:23was aggressive.
14:25It could flatten him
14:27and it could take him
14:28out.
14:29Your Twitter account
14:29has several...
14:30Only Rosie O'Donnell.
14:32No, it wasn't.
14:36In that moment,
14:38Trump successfully
14:39brushes it off.
14:41It was Trump
14:43who had the better
14:44understanding of the
14:45public, that you
14:46could say things
14:47which were unacceptable
14:49and walk it off.
14:50We have to make
14:52our country great
14:53again and I will do
14:54that.
14:54Thank you.
14:57Donald Trump
14:58became his own
14:59megawatt star
15:01on that debate
15:02stage.
15:03Trump is a ratings
15:04who's bonanza.
15:06But he sensed that
15:08Fox News
15:08tried to get rid of him.
15:10You know,
15:11you could see there
15:12was blood coming
15:12out of her eyes.
15:13Blood coming out
15:14of her wherever.
15:16Trump started
15:17openly criticizing Fox.
15:19That had never
15:20happened to Rupert
15:21before.
15:22When Rupert
15:23decided to tweet,
15:25he very pointedly
15:26told Donald Trump
15:27to get out of the race.
15:29It was civil war
15:31in the Republican
15:32Party.
15:34Murdoch went
15:35full court press
15:36favoring people
15:37who weren't Trump.
15:38Rupert Murdoch
15:39is a conservative.
15:40He wants
15:41conservative politicians
15:42to be in power.
15:44But he found
15:45Trump worrying
15:46and dangerous.
15:48I don't think he
15:49likes this Republican
15:50Party.
15:50He liked the other
15:51one before
15:52with the Mitch
15:53McConnells
15:53and that gang.
15:55In the past,
15:56Republican candidates
15:57had no real power
15:59unless they were
16:00operating in line
16:01with Rupert's wishes.
16:03And Trump
16:04would not.
16:05Fox is playing
16:06gang.
16:07What's wrong
16:08over there?
16:09Something's wrong.
16:10And so I'm going
16:10to be making
16:11a decision with Fox,
16:12but probably I won't
16:13be doing the debate.
16:15The next debate
16:17is also posted
16:18by Fox News.
16:19Before we get
16:20to the issues,
16:20let's address
16:21the elephant
16:22not in the room
16:23tonight.
16:25Donald Trump
16:25does not participate
16:26in this next debate.
16:30But he sets up
16:31his own rival event.
16:32We're actually told
16:33that we have more
16:34cameras than they
16:35do by quite a bit,
16:36so that's sort of
16:36interesting.
16:38The Kelly file
16:39starts in a moment,
16:40and guess who's
16:40going to be there?
16:40Senator Ted Cruz.
16:42The ratings tank.
16:44Trump took
16:45the viewers
16:45with him.
16:46Trump!
16:48Trump!
16:48Trump!
16:49Trump!
16:50Trump!
16:50Fox's audience
16:51turned against Fox
16:52and towards Donald Trump.
16:56was able to say
16:58and tell politicians
16:59what to do,
17:00when to stand up,
17:00when to sit down,
17:02but he had never
17:03been so clearly
17:04smacked down
17:05as in that moment.
17:13Trump is going to win,
17:15and the world
17:16is going to be
17:16happy, but
17:17have a good day.
17:18Mr. Trump,
17:18can you just
17:19quit the class?
17:19I love the answer
17:20earlier.
17:21Rupert Murdoch
17:22always goes
17:23in the winning
17:24direction,
17:25and he sees
17:27which way
17:28the wind is blowing.
17:29Donald Trump
17:30had become
17:31the dominant force
17:32in conservative
17:34politics.
17:35Rupert Murdoch
17:36will do what it takes
17:37for his business
17:38interests,
17:39including holding
17:40his nose
17:40and backing
17:41Donald Trump.
17:43It was amazing
17:44to see Rupert
17:45in the back
17:46of a golf cart
17:48with Trump
17:48behind the wheel.
17:50That is the moment
17:51where Rupert
17:52has come around
17:53to Trump.
17:54Trump realizes
17:55that he needs
17:56Fox News.
17:57They need each other.
17:59This moment
17:59will change
18:00the fate
18:00of American media
18:02and American politics
18:03for the decades
18:05that followed.
18:16Around this time,
18:18Rupert marries
18:19Jerry Hall.
18:21Media mogul
18:22Rupert Murdoch
18:23says he is
18:23the happiest
18:24man in the world
18:25after he married
18:26former supermodel
18:27Jerry Hall.
18:27Jerry Hall
18:28was previously
18:29in a long-term
18:29relationship
18:30with Rolling Stones
18:31singer Mick Jagger.
18:34James and Lachlan,
18:36Prue and Liz
18:37all go to the wedding.
18:39They like Jerry Hall.
18:41Good morning.
18:41Good morning,
18:42Elizabeth.
18:42This way, please.
18:44It's maybe
18:44the last thing
18:45they really come together
18:47to do as a family.
18:49How was the ceremony?
18:50Beautiful.
18:52For the first time
18:54in decades,
18:55Rupert tries to have
18:57a life with his wife.
19:01He's in love.
19:03So he lets his sons
19:05run this media empire
19:06without him.
19:08It was an opportunity
19:09for both of them
19:10to assert themselves
19:11as the heads
19:13of the company,
19:14the new Murdochs
19:15that everyone
19:15has to contend with.
19:19And it coincides
19:21with the Sun Valley Conference,
19:23which happens
19:24every July.
19:26It is a busy time
19:27in Sun Valley.
19:29Top media tech
19:29and business moguls
19:30converged in Cedic, Idaho
19:32for a meeting of the minds.
19:34The masters of the universe
19:35get together
19:36and figure out
19:37what the world
19:37is going to see,
19:39hear, and read.
19:40And this year,
19:42for the first time,
19:43James and Lachlan
19:45go on their own.
19:46Hey, Lachlan.
19:48Hey.
19:48Good morning.
19:49Good morning, James.
19:50Good morning.
19:51It's supposed to be
19:52James and Lachlan's
19:53coming out party
19:54as the new faces
19:56of the Murdoch media empire,
19:58but pretty quickly
20:00things go off the rails.
20:02A media
20:03and political bombshell.
20:04Swelling controversy
20:06at Fox News.
20:07Former anchor
20:07Gretchen Carlson
20:08alleges she was fired
20:10after turning down
20:11sexual advances
20:12from Fox News chairman
20:13and CEO Roger Ailes.
20:15We were in a car
20:17and he took my head
20:18and my neck
20:19and he shoved my face
20:21into his crotch.
20:24At this moment,
20:25Rupert Murdoch
20:26is on a plane.
20:27He's unreachable
20:29by phone.
20:30Now they have a crisis,
20:31but maybe the one thing
20:33James and Lachlan
20:34agree on
20:35is that Roger Ailes
20:36is bad news.
20:38They both had been wrong
20:39by Roger Ailes.
20:41He had mocked James,
20:43he had undercut Lachlan.
20:45And they saw an opening
20:48when the Me Too movement
20:50started to gather steam
20:51to essentially
20:53take Roger Ailes out.
20:56Very quickly,
20:57they announce
20:58an investigation
20:59of the claims
21:00in the lawsuit.
21:01It's very clear
21:02what the right thing
21:02to do is.
21:03You have to actually
21:04get to the bottom of it.
21:05You have to do it
21:05super fast.
21:06And put out a release
21:07about it before Rupert
21:08could contradict them.
21:09We hired an independent
21:10law firm
21:11to go in and investigate
21:13all the allegations.
21:14And then other women
21:16started to come out
21:17of the woodwork.
21:18Megan Kelly
21:19reportedly told
21:20investigators
21:21that he had made
21:21similar sexual advances
21:23towards her.
21:24Ailes repeatedly
21:24called Roginski
21:25into his office.
21:27Lori Loon says
21:27she was sexually harassed
21:29and intimidated
21:30by Ailes.
21:33Roger would often
21:34talk about women's bodies.
21:36He would ask
21:37if I was naughty.
21:39I mean,
21:39there were all sorts
21:40of just kind of gross,
21:42really inappropriate
21:42things that he would say.
21:44I had gone to him
21:46to ask for more
21:47opportunity.
21:48I had wanted to anchor.
21:50And he said,
21:52well,
21:53you're not ready yet,
21:54so I would have
21:55to work with you.
21:55He said,
21:56it might have to happen
21:56on the weekends.
21:58It might have to happen
21:59at a hotel.
22:01In that moment,
22:03I had sort of
22:04an out-of-body experience
22:05of, oh,
22:06is my career over?
22:08And then,
22:08by the time I moved
22:09to New York,
22:10I was married
22:11and pregnant with twins,
22:13and he didn't say
22:14things like that anymore.
22:17Rupert loved Ailes
22:19because Ailes
22:19was a programming genius,
22:21so he turned
22:22a blind eye
22:23to some of the things
22:24that Ailes was doing.
22:26can you comment
22:27about the situation
22:28with Rocker Ailes?
22:31I had figured
22:32Ailes would survive this.
22:33Fox News is making
22:34so much money,
22:36all they're going to do
22:36is they're going to
22:37pay off the women.
22:39As more and more
22:40people stepped forward,
22:42I got the sense
22:43that Murdoch
22:44didn't like
22:45this kind of attention,
22:46didn't want
22:46his, you know,
22:48profitable, you know,
22:49news channel
22:49to have this sort
22:50of reputation.
22:51So he makes
22:52a fateful decision
22:53that will change
22:55the entire dynamic
22:56of the company.
22:57Breaking news.
22:59A media bombshell,
23:00and it's not inappropriate
23:01that I'm sitting
23:02at the Republican
23:03National Convention
23:03as it happens.
23:04Roger Ailes,
23:05the chairman,
23:06CEO,
23:06and mastermind
23:07of Fox News Channel,
23:08he's now officially out.
23:11Ailes was out
23:12right as the Republican
23:14Convention
23:15was going on.
23:16It was really
23:17a revenge moment
23:19for James and Lachlan.
23:20I humbly
23:22and gratefully
23:23accept
23:24your nomination
23:26for the presidency
23:28of the United States.
23:31Once Ailes was gone,
23:32there was an internal
23:34debate over the direction
23:35that Fox News goes.
23:37I think the feeling
23:39within the company
23:40was that Roger Ailes
23:41was Fox News
23:42and that without him,
23:44it might not even
23:46be able to survive
23:46and certainly
23:47would not thrive.
23:49What we need to do
23:50is make the careful
23:52decisions that
23:52we're exploiting
23:54the product that we have
23:55in as robust a way
23:56as possible
23:57and we're also going to
23:58get the widest
23:59possible audience.
24:00James was much more
24:02liberal-leaning.
24:03He wanted Fox
24:04to appeal
24:05to a younger audience.
24:06And he sees
24:09this moment
24:10as an opportunity
24:11to steer the network
24:14toward less
24:15right-wing politics
24:16and a more
24:17fact-based approach
24:18to journalism.
24:20Lachlan, meanwhile,
24:21is adamantly opposed
24:23to this idea.
24:24Lachlan's political
24:26stripe was very
24:27conservative,
24:28as was Rupert's.
24:30and Lachlan
24:31wants what's
24:32good for business.
24:34Ready?
24:34Fox in the band.
24:35They have the number
24:36one cable network,
24:37$2 billion in profit.
24:39Fox is killing it.
24:41The brothers
24:42argue ferociously
24:44and Rupert
24:46finally settles
24:46the matter
24:47by saying
24:48that he himself
24:49will step in
24:51as acting CEO.
24:54Rupert is
24:55tremendously proud
24:56of Fox News
24:57and he thinks
24:58that it is
24:59given a voice
24:59to people
25:00that have not
25:01had a voice
25:02traditionally
25:02in media.
25:04So he was not
25:06going to change
25:07the trajectory
25:08of Fox News.
25:09And in fact,
25:10he yanks it
25:11further to the right
25:13and Fox News
25:14becomes the cornerstone
25:16of his influence
25:17politically
25:18in the United States.
25:19We have a moral
25:20obligation to admit
25:21the world's poor,
25:22they tell us,
25:22even if it makes
25:23our own country
25:24poorer and dirtier
25:25and more divided.
25:27Under Rupert's
25:28supervision,
25:29Fox News becomes
25:30even more reckless
25:32and unhinged.
25:34He really let
25:35the talent run wild.
25:37Got the liberal
25:38crybaby snowflakes.
25:40Refugees pouring
25:40and now infecting Europe.
25:42There are no guardrails,
25:43there's no accountability.
25:45Legal immigrants,
25:46I mean,
25:46isn't that worse?
25:46The government
25:47checked you guys out
25:48and let you in?
25:50What matters
25:51were the ratings.
25:53and Rupert knows
25:54that the Fox audience
25:56cares about opinion.
25:58He knew it was good business
25:59because that's
26:00what they wanted to hear.
26:01This is the battle royale
26:03that goes on inside Fox
26:04and with the Murdochs,
26:05which is,
26:05are we just about
26:06the bottom line
26:07and keeping the audience
26:08happy,
26:09or do we have
26:11some conscience
26:12about what we're peddling?
26:14Let's talk about Fox News.
26:16Is Fox News fair and balanced?
26:18Look, I mean,
26:19I think the leadership
26:20at Fox News,
26:20you know,
26:21makes decisions
26:22around how they hire
26:23and what they do.
26:24I try not to get
26:24too much into that.
26:25I'm the chief executive
26:25of the company,
26:26but James feels
26:28no ability
26:30to shape the coverage,
26:31to tell them
26:32to be more responsible.
26:34Slaves that worked there
26:35were well fed
26:37and had decent lodgings
26:38provided by the government.
26:41Privately,
26:42James seems to become
26:43more and more
26:45ethically uncomfortable
26:46with what the role requires.
26:55For James,
26:56the breaking point
26:57comes with Charlottesville.
26:59I think there's blame
27:00on both sides
27:01and I have no doubt about it
27:02and you don't have
27:03any doubt about it either.
27:05You also had people
27:07that were very fine people
27:10on both sides.
27:11James watches
27:12as Donald Trump
27:13holds a press conference
27:15and he watches
27:16Fox News' coverage
27:18of all of it.
27:19President Trump
27:20told some truths.
27:21Yes,
27:22there are a lot of truths here.
27:23There was both sides
27:24causing violence.
27:25This line to me
27:26is so important.
27:27He said,
27:27we are all Americans first.
27:29And sees how Fox News
27:32is breathlessly defending Trump.
27:35We condemn all violence.
27:37That's what President Trump said.
27:39And all lives matter.
27:40If you don't agree with that,
27:42you're a racist.
27:43It really just eats at James.
27:48As he's trying to decide
27:50what to do about all of this,
27:51his wife Catherine
27:52asks him a clarifying question.
27:55You know,
27:56if you're not going to stand up
27:57to Nazis,
27:58who are you going to stand up to?
28:01Last night,
28:0220th Century Fox CEO
28:03James Murdoch
28:04slammed the president's response.
28:07An email from Murdoch said,
28:08there are no good Nazis,
28:10Klansmen,
28:11or terrorists.
28:12James puts out
28:14his own statement
28:15without clearing it
28:16with anyone.
28:17It is a stinging
28:18rebuke and repudiation
28:20of Fox News.
28:23That statement
28:24drives a further wedge
28:26between him and Rupert.
28:29James really believes
28:31that his vision
28:33for the company
28:34is better for the bottom line.
28:36And that it's much too risky
28:38and reckless
28:39to continue running
28:40these news outlets
28:41the way that they've been run.
28:43And he thinks
28:44that his father and brother,
28:46whatever their politics,
28:47should see that.
28:49And yet,
28:50by the end of 2017,
28:52James' proposed initiatives
28:53are going nowhere.
28:54The market was changing.
28:56We're moving to
28:57a video entertainment business
28:59that is 100% consumed
29:01over IP networks.
29:03Streaming
29:03is the next frontier.
29:05Digital giants
29:06like Amazon
29:06and Netflix
29:07are pushing
29:08another revolution
29:09in viewing habits
29:10by investing billions
29:11in programs.
29:12Fox did not have
29:13the heft
29:14to go up against
29:15Netflix, Amazon,
29:16Apple,
29:17all of these
29:17well-funded companies.
29:18So James wants
29:20to try yet again
29:21to buy the rest
29:23of B-Sky-B.
29:24That's an $11 billion deal.
29:26He believes
29:27that if he's able
29:28to bring B-Sky-B
29:29into the fold,
29:31they could survive
29:32in this brave new world.
29:34And just as they are ready
29:36to try to negotiate that,
29:39another major scandal
29:42comes out.
29:43Bill!
29:44Bill O'Reilly faces questions
29:46this morning
29:47about harassment allegations.
29:48O'Reilly paid
29:49a $32 million settlement
29:51to Liz Weill,
29:52a former Fox News analyst.
29:54Wendy Walsh,
29:55a former Fox contributor,
29:56claims O'Reilly harassed her.
29:58Bill O'Reilly
29:59has been sexually harassing
30:01people who work for him
30:03for years.
30:04And the Murdochs
30:06secretly paid off
30:07some of those women
30:09even after
30:10James and Lachlan
30:11promised they were
30:12going to clean up
30:12the company.
30:13The biggest star
30:14of cable news
30:15was forced out
30:16yesterday
30:16from his top-rated show.
30:18Together,
30:19O'Reilly and Ailes
30:19were paid $65 million
30:21to lead.
30:22The women who accused
30:23them so far,
30:24$33 million.
30:26Fox had made
30:28a big show
30:29of how they are
30:30going to have
30:31a cleaned-up culture.
30:33But this scandal
30:34just reminds everyone
30:36of the dirty underbelly
30:39of the Murdoch Empire.
30:41The Fox News
30:43controversies
30:44very much
30:44get in the way
30:45of their broader
30:46ambitions.
30:47Potentially at risk
30:48its attempt
30:48to buy Europe's
30:49pay-TV giant Sky.
30:51Ofcom,
30:52the communications
30:53regulator,
30:54decides,
30:55are these people
30:56fit and proper
30:57persons to hold
30:58a TV license?
30:59Do you have any
31:00concerns about what
31:00Ofcom might say
31:01about what's happening
31:02at Fox News?
31:03Nothing.
31:04Nothing.
31:07Regulators in the UK
31:08were outraged.
31:10It would have been
31:11a terrific deal
31:11and it probably
31:12would have sealed
31:13James' succession
31:14if it had gone through.
31:15But it doesn't.
31:19They had tried
31:21to grow.
31:22They'd gone after
31:22B-Sky-B
31:23and failed to do that.
31:26And so,
31:27without telling
31:27his children,
31:29Rupert calls
31:30Bob Iger,
31:31the CEO of Disney.
31:34Bob Iger
31:35over the past
31:3620 years
31:37had been
31:38a grower.
31:39I think
31:39Star Wars
31:40has had a great
31:41impact on Disney.
31:43He had successfully
31:44bought Lucasfilm,
31:46Pixar,
31:47Marvel
31:47to position
31:48Disney
31:49for the streaming wars.
31:52Rupert and Iger
31:53went to the winery
31:54that Rupert owns
31:56in Bel Air.
31:58They had
31:59some glasses
32:00of Pinot,
32:01I am told.
32:02and Rupert proposes
32:04doing something
32:05that for
32:06long-time
32:07Murdoch watchers
32:08seems absolutely
32:09unthinkable.
32:11Rupert presents
32:13the defining deal
32:14of his life,
32:15selling the bulk
32:17of the film
32:17and television
32:18assets of
32:1921st Century Fox
32:20to Disney
32:21for 50-odd billion.
32:24Fox had
32:25Avatar,
32:26The X-Men,
32:28FX,
32:29Nat Geo.
32:30All these
32:31would be additive
32:32for Disney.
32:35One night
32:36at Gramercy Tavern
32:38in New York,
32:40Rupert,
32:41Lachlan,
32:41and James
32:42were all eating
32:42together
32:43and discussing
32:44the Disney deal.
32:46James was very
32:47supportive of the deal.
32:49He was sick
32:49of being associated
32:50with Fox News.
32:52He felt like
32:53all of the changes
32:55he wanted to make
32:56to modernize
32:56and reform
32:57the companies
32:58fell on deaf ears.
33:00And he also
33:01saw this
33:02as a way
33:03to set himself up
33:04as potentially
33:06the next CEO
33:07after Iger left.
33:08But Lachlan
33:09was extremely upset.
33:12Lachlan likes
33:13having a big
33:13Hollywood studio.
33:14He didn't come back
33:15to run
33:16a shaved-down company.
33:18He started
33:19ranting
33:20and raving
33:21and saying
33:22it was completely
33:23unfair
33:23that Rupert
33:25and James
33:25were pursuing
33:26this sale
33:27over his objections
33:29and finally
33:30gave them
33:31an ultimatum
33:32and said
33:33to his dad,
33:35if you go through
33:36with this deal,
33:37you will not
33:38have a son.
33:39And then he turned
33:40to James and said,
33:40and you won't
33:41have a brother.
33:42And then he stormed
33:43out of the restaurant.
33:45And in recounting
33:47that at the trial,
33:49James said,
33:50said Lachlan's
33:51prophecy was right
33:52that a brother
33:53and son
33:54would be lost
33:54over this deal
33:55and called this
33:57the Oracle
33:57of Delphi moment.
34:02Rupert's facing
34:03one of the biggest
34:04decisions
34:05in his career.
34:10Things are still
34:11very much up
34:11in the air
34:12when Rupert
34:13and his then-wife,
34:14Jerry Hall,
34:16are on vacation
34:17in the Caribbean
34:19on Lachlan's yacht,
34:21the Sarissa.
34:24You know,
34:24Lachlan's yacht
34:25is custom designed.
34:27It has a climbing wall.
34:29The cabin turns
34:30into a nighttime sky
34:31with the constellations
34:33and the galaxy.
34:34And it's also
34:35a racing boat,
34:36so it's built
34:37to move quickly.
34:40And one night,
34:41Rupert gets up
34:42to go to the bathroom.
34:43and he trips
34:45and he can't get up.
34:47He suffered
34:48a broken back.
34:49He had to be
34:50evacuated by helicopter
34:52and hospitalized.
34:55It becomes apparent
34:57that to fix his back
34:58will be to risk his life,
35:00that the procedure
35:01they have to do
35:02could kill him.
35:04Jerry Hall
35:05calls Rupert's children
35:06and says,
35:08your father
35:08is severely injured
35:10and may die.
35:12You probably need
35:13to get to his bedside
35:14and make whatever
35:15peace you can with him
35:16or you want to with him.
35:18They rush to his bedside.
35:20The family is operating
35:21as if this might be it.
35:24This is also setting
35:25in motion
35:25the possibility
35:27that the four children
35:28are going to have
35:29to fight it out
35:29for control.
35:31There was this awareness
35:32among everybody
35:33that, you know,
35:35that day could be coming soon.
35:37I mean,
35:37it could be coming now.
35:39You have said
35:40you would like
35:41to have a member
35:42of the family
35:42succeed you.
35:43They've got to prove
35:44themselves too.
35:47There wasn't
35:47a clear plan
35:48what would happen
35:50if Rupert was to die.
35:51I hope to be able
35:53to leave them
35:53a great opportunity
35:55like my father left me.
35:57All the signs are
35:58they want it very much.
36:00In the background
36:01is always the trust,
36:04succession,
36:05who's going to prevail.
36:09so there's a lot
36:10riding on Rupert's
36:11recovery.
36:15Of course,
36:16he's Rupert.
36:17He does.
36:18He even joked
36:19they can't kill me.
36:20Stronger than ever.
36:21Rupert Murdoch
36:22is laid up in bed
36:23and working from home.
36:25Rupert recovered
36:27and he ended up
36:28selling to Disney.
36:29How did you get Rupert
36:31to sell some
36:32of the crown jewels?
36:33A year ago,
36:34I didn't see this one
36:34coming either,
36:35nor did I see it
36:36coming six months ago.
36:37The 20th Century Fox
36:39film studio,
36:40the television studios
36:41they own,
36:42and the cable networks
36:45went to Disney.
36:47Getting the price
36:48he did
36:49was a great deal.
36:50Each of the siblings
36:52got about
36:53$2 billion in cash.
36:56Lachlan is happy.
36:58he will say
36:59that he previously
37:00really just opposed
37:01the deal
37:02on the basis of price.
37:04And it allowed
37:05Rupert and Lachlan
37:06to keep the asset
37:08that they really care about,
37:10which is Fox News.
37:11But ultimately,
37:13it was very devastating
37:15for James.
37:16Fox announcing
37:17its leadership
37:18for the new Fox.
37:19Lachlan Murdoch
37:20will serve as chairman
37:21and CEO of the company.
37:23Rupert Murdoch
37:24will serve as co-chairman.
37:26Rupert made it clear
37:27that there was no role
37:29for James at Fox.
37:30And in the end,
37:31there was no role
37:32for James at Disney.
37:33There's been a lot
37:34of speculation
37:35that you were agitating
37:37for a place for him
37:37on the Disney boards.
37:38No, no, no, no.
37:40There's no conditions
37:41like that.
37:43Rupert was convinced
37:44that James was angling
37:46to get himself
37:48a job at Disney
37:49out of these negotiations.
37:51It infuriated him.
37:53and Rupert actually
37:55called Iger himself
37:57and said,
37:58don't give my son a job.
38:00And I think that
38:02this was born out
38:03of Rupert's concern
38:04that James was not
38:06negotiating entirely
38:08out of the interest
38:10of the company,
38:10but was thinking
38:11about himself.
38:14Lachlan's prophecy
38:15that a brother and son
38:17would be lost
38:17over this deal
38:18was right,
38:19but it wouldn't be Lachlan.
38:21It was James.
38:21The sale of Fox
38:23to Disney
38:24effectively made you
38:25a very wealthy
38:26free agent.
38:27Do you think
38:27there's ever a future
38:28in which you would
38:29go back to Fox?
38:30I don't think so.
38:31I think they're
38:31off doing their own thing there.
38:34My brother and my father
38:36run that,
38:36and that's over there,
38:37and I'm not worried about it.
38:38And you don't communicate
38:39with them about it?
38:40About business, no.
38:44James leaves
38:45the News Corporation board.
38:47and the relationship
38:48with the rest
38:49of the family
38:50suffers.
38:52Rupert sees
38:53attitudes in James
38:54that he sensed
38:55as weakness
38:55in other people.
38:57He sees Lachlan
38:58now as the last
39:00remaining steward
39:01of the family business,
39:03and he wants Lachlan
39:04to have control
39:05when he's gone.
39:07Breaking news
39:08this morning.
39:09Rupert Murdoch
39:09is to step back
39:10from the global media
39:11empire
39:12that he built
39:13over seven decades.
39:14Rupert Murdoch
39:15is retiring.
39:17When Rupert
39:18finally retired
39:20in 2023,
39:21I was surprised
39:23because it had always
39:24been said about Rupert
39:25he would be carried
39:26out of the box.
39:27He would never retire.
39:29But now,
39:30in retrospect,
39:30it's clear that
39:31by making his announcement,
39:33he was trying
39:34to underline
39:35as heavily
39:36as he could
39:36that Lachlan
39:37was the one
39:38he wanted to take
39:39over the whole thing.
39:41His son,
39:41Lachlan,
39:42will become
39:42the sole chairman
39:43of both Fox
39:44and News Corporation
39:45with the billionaire
39:46now taking on
39:47the honorary title
39:48of chairman emeritus.
39:51This is real-life
39:52succession.
39:53Now Lachlan
39:54is the one
39:55who is the heir apparent.
39:57What most people
39:58are thinking about
39:58when they think
39:59of succession
39:59is who's the next
40:00CEO going to be.
40:02And in a family-owned
40:03business,
40:04you often assume
40:05that a family member
40:05will be the next CEO.
40:07They'll have
40:08ultimate control.
40:09But in fact,
40:09the real power
40:10lies in ownership.
40:14Rupert had come
40:16to believe
40:16that James
40:18and his sisters
40:18are going to
40:19link arms
40:21and take control
40:23of the family empire,
40:24boot Lachlan
40:25from the corner office,
40:27defang Rupert's
40:28conservative media outlets,
40:29and, you know,
40:31turn Fox News
40:32into MSNBC.
40:34Good morning.
40:36Anybody have any comment
40:37this morning?
40:37So what Rupert's
40:39thinking is
40:40if he doesn't
40:41win this trial
40:43and if he doesn't
40:44get the trust
40:45built around Lachlan,
40:46it's like
40:47he never existed.
40:53There is also
40:54billions of dollars
40:55at stake
40:55and there is pride
40:56at stake
40:57and there is a father's
40:58affection
40:59and respect
41:00at stake.
41:01And so when James
41:02and Lachlan
41:03take the stand,
41:04their history
41:05of betrayal,
41:06of bitterness,
41:07of backstabbing
41:08is front and center.
41:10Mr. Murdoch,
41:11are you confident
41:11of victory?
41:12Any comment at all, sir?
41:14Any comment?
41:14What becomes clear
41:16over the course
41:17of Lachlan's testimony
41:18is he feels
41:20a great sense
41:20of betrayal
41:21by his brother.
41:23For years,
41:24he has felt
41:25that James
41:26had been
41:27seeding stories
41:28in the media
41:29about how James
41:32was planning
41:32to one day
41:34push him out.
41:35he says
41:36on the stand
41:36at one point
41:37thousands of stories,
41:38there have been
41:38thousands of stories
41:39about this
41:41and that James
41:42has never
41:43come out
41:44and said
41:45I support
41:46your leadership.
41:47And he says
41:48it would have been
41:48the right thing
41:49to do,
41:50it would have been
41:50the decent thing
41:51to do.
41:52The fact that
41:53it didn't happen
41:55fuels Lachlan's
41:56paranoia.
41:58On the stand,
41:59James steadfastly
42:01denied all of that.
42:02again and again
42:04he said
42:05no,
42:05I wasn't
42:06planning,
42:06no,
42:07there was
42:07no plotting.
42:09James would say
42:10that this was
42:11a fevered
42:12conspiracy theory
42:13that Lachlan
42:14and Rupert
42:15had cooked up
42:15to rationalize
42:17the aggressive moves
42:18that they would take
42:19to make Lachlan
42:21the successor
42:22and ensure
42:24Rupert's legacy.
42:25At some point
42:27at the trial
42:28he was asked
42:29about years
42:30of internal
42:31Murdoch family
42:32communications,
42:33texts and emails,
42:34all this stuff
42:35that had come out
42:36in Discovery.
42:37The communication
42:38showed that
42:39they see him
42:41as just this
42:41pious,
42:42nagging liberal
42:43who was throwing
42:45his politics
42:45in everybody's face.
42:46and when James
42:48is reading
42:49these texts
42:50from his dad
42:51to his sisters
42:52and his brother
42:53he became emotional
42:55and actually started
42:56to cry
42:56on the stand.
42:58This is his dad
42:59and his brother
43:00who he's loved
43:01and he thought
43:02loved him.
43:04It laid bare
43:06just how far apart
43:08he and his father
43:09were in terms of
43:10their visions
43:11for the company,
43:12how they saw
43:13the world,
43:13what they believed
43:15the Murdoch name
43:16should mean
43:17and just how
43:19calculating
43:21and manipulative
43:22his father could be.
43:25Now the decision
43:27about who will run
43:28News Corp
43:29will rest with a judge.
43:33I don't think
43:34anyone had any idea
43:36who was going
43:36to win this case.
43:38So we are
43:39constantly working
43:40our sources.
43:42We're vaguely
43:42picking up
43:43that each side
43:44feels pretty good.
43:45good.
43:46But this is
43:47Rupert Murdoch.
43:48He's one of the
43:49richest men on earth,
43:51one of the
43:51savviest men on earth.
43:53We just had a sense
43:55that maybe
43:55Rupert would pull
43:57this out
43:57because he's Rupert.
43:59So we're waiting
44:02and then
44:02in December
44:03we find out
44:05the judge
44:06has ruled.
44:09Our top story
44:10tonight,
44:11Rupert Murdoch
44:12has just lost
44:12his bid
44:13to alter
44:14a family trust.
44:16Rupert
44:16and Lachlan
44:17lost on every
44:18single count.
44:19How'd it go,
44:20Lachlan?
44:20Any comment,
44:22Mr. Murdoch?
44:23It was kind of shocking.
44:25Not only
44:26that Rupert lost,
44:27but that
44:28the judge
44:29found this whole thing
44:30so unseemly.
44:31The plan was deemed
44:32basically a charade.
44:34The judge
44:34in this case
44:35said Rupert
44:36and Lachlan Murdoch
44:37acted in bad faith.
44:39It's just
44:40a complete
44:40repudiation
44:41of everything
44:42they said in court.
44:43Basically
44:44that this was
44:44a ruse
44:45meant to
44:47carry on
44:47Rupert's legacy
44:48through his son.
44:52For James
44:53and Liz and Prue,
44:55this is
44:56vindication.
44:57This was about
44:58as resounding
44:59and validating
45:01a victory
45:01as you could have.
45:07shortly after
45:09the trial
45:10was over,
45:11Rupert and Lachlan
45:12were together
45:13on the
45:14ancestral
45:15Murdoch ranch
45:16in rural Australia
45:17talking about
45:19how their
45:20scheme
45:21had fallen apart
45:22and plotting
45:23their next move.
45:25We knew
45:26there was an appeal
45:26coming from
45:27Rupert and Lachlan,
45:28but the commissioner's
45:30ruling was so
45:30definitive that
45:31we couldn't see
45:31how they could
45:32possibly pull
45:33something off.
45:39Typically
45:39what happens
45:40in these cases
45:41is the state judge
45:42would rubber stamp
45:43the commissioner's
45:44decision
45:45and reject
45:46the appeal.
45:47And so
45:48when the judge
45:49calls for
45:50oral arguments,
45:51James,
45:52Liz,
45:52and Prue
45:53do not go.
45:53They don't take
45:54this seriously.
45:56But Lachlan
45:57and Rupert
45:57are there.
46:00Lachlan's
46:01lawyer
46:01argues that
46:02Lachlan
46:03has been running
46:03the company.
46:04It's doing
46:04very well
46:05financially
46:05and it's
46:06best for
46:07the heirs
46:07for everyone's
46:08financial interest
46:09to lock in
46:10Lachlan's
46:10control.
46:11And the way
46:12that the judge
46:13is responding,
46:14it becomes
46:15clear that
46:16they were
46:16open to
46:17the argument
46:18that Rupert
46:18had a right
46:19to change
46:19the trust.
46:20The door
46:20is open
46:21at least
46:21a crack.
46:24That can only
46:25mean one thing
46:25if you're
46:26James,
46:26Liz,
46:27improve,
46:28maybe your
46:28victory is
46:29not going
46:29to be
46:30a lasting
46:30one.
46:31And that
46:31this coup
46:32to disenfranchise
46:34them and take
46:34away their
46:34power might
46:35actually happen.
46:37That changes
46:38the dynamic.
46:40It was time
46:40to talk about
46:41a price.
46:43Rupert
46:44had always
46:45said to
46:45Lachlan,
46:46bet on
46:47yourself,
46:48buy your
46:49siblings out.
46:50But Lachlan
46:51always seemed
46:52hesitant.
46:53He never
46:53put up
46:54the big
46:54money.
46:55And so
46:56Project
46:56Family Harmony,
46:57which Lachlan
46:58initiated,
46:59was a way
47:00for Lachlan
47:01to get it
47:01for free,
47:02to get
47:03control of
47:03the company
47:03without
47:04buying his
47:04siblings out.
47:06But if
47:07Rupert and
47:07Lachlan were
47:08serious about
47:08keeping control
47:09of Fox
47:09News...
47:10James and
47:11his sister
47:12are going
47:12to need
47:13top dollar.
47:14Talks were
47:15ongoing.
47:16And by the
47:17beginning of
47:18September,
47:18they had
47:19an agreement
47:20in place.
47:22The price
47:23was finally
47:24right.
47:24It looks
47:25like things
47:25are good.
47:26But for
47:27these two
47:28brothers,
47:29the acrimony
47:30is so high
47:30that it
47:32threatened to
47:32scuttle
47:33everything.
47:34And that's
47:34because Lachlan,
47:35who's still
47:36furious about
47:37this commissioner's
47:38ruling in
47:38December,
47:39he wants
47:40an agreement
47:40that the
47:41commissioner's
47:41ruling has
47:42been vacated.
47:44James wanted
47:45this ruling
47:45to live on
47:46as proof
47:47that he had
47:48beaten his
47:48brother.
47:49For James
47:50and Lachlan,
47:50you know,
47:51the jockeying
47:52to be the
47:52winner,
47:53this is what
47:54has defined
47:55their entire
47:56lives.
47:57In the end,
47:59cooler heads
48:00prevail.
48:00They find some
48:01compromise language
48:02kind of like,
48:03okay, we're
48:03moving on
48:04from that case.
48:05It's all
48:06silly,
48:07but I guess
48:08it was like a
48:08point of pride.
48:09That's how
48:10this family
48:10interacts.
48:11I mean,
48:11it's like,
48:11it's nuts,
48:12but it's
48:13true.
48:14The battle
48:15for control
48:16of the
48:16Murdoch
48:17news empire
48:18has been won.
48:19Rupert Murdoch's
48:21family has
48:21reached a deal
48:22which will see
48:23the eldest son,
48:24Lachlan,
48:24take complete
48:25power when
48:26the 94-year-old
48:27media mogul
48:28dies.
48:28Three of
48:29Lachlan's
48:29siblings will
48:30receive huge
48:31payouts for
48:31their shares
48:32and will step
48:32away from
48:33their roles
48:33at both
48:34News Corp
48:34and Fox.
48:35The three
48:36siblings are
48:37going to be
48:37fully out
48:38of the
48:38trust.
48:39They are
48:40going to get
48:40between them
48:41$3.3
48:42billion.
48:43A lot of
48:44people were
48:44stunned.
48:45There was a
48:46view,
48:47certainly,
48:48among liberal
48:48critics that
48:49James,
48:50Prue,
48:51and Liz
48:51sold out,
48:52that they
48:52took the
48:53money and
48:53ran.
48:55They thought
48:55that James
48:56would never
48:57sell out,
48:57that he was
48:58planning to
48:59keep his
48:59shares so
49:00that he
49:00could topple
49:01Lachlan
49:02and transform
49:03Fox News.
49:04I think it
49:04was always
49:05in James's
49:05financial
49:06interest to
49:07encourage that
49:08perception,
49:09but I think
49:10at the end
49:10of the day
49:10what he really
49:11wanted was
49:12to get as
49:13much money
49:13as he could
49:14squeeze out
49:14of his
49:14father and
49:15brother.
49:16A new
49:17family trust
49:17will be
49:18formed for
49:18Lachlan
49:19and his
49:19two younger
49:19sisters,
49:20Grace and
49:20Chloe,
49:21that will
49:21hold controlling
49:22stakes in
49:23Fox and
49:23News Corp,
49:24with Lachlan
49:25controlling
49:26the votes.
49:26The two
49:26youngest
49:27children will
49:28become
49:28beneficiaries
49:28of the
49:29trust,
49:29but with
49:29no voting
49:30power.
49:32For Lachlan
49:33to get
49:34control,
49:35he needed
49:35to have
49:36Grace and
49:36Chloe's
49:37shares.
49:38Wendy
49:38helped
49:38Rupert
49:39to persuade
49:39the girls
49:40to just
49:40come along.
49:42You will
49:43still get
49:44your dividends,
49:45give Lachlan
49:45all the
49:46voting power,
49:47but when
49:48the new
49:48trust expires
49:49in 2050,
49:50Lachlan
49:51will be in
49:51his 70s,
49:52and Grace
49:53and Chloe
49:54will be
49:54fully formed
49:55adults who
49:56may want
49:56more control
49:57over the
49:57company.
49:57who knows?
49:59This is
50:00the
50:00Murdochs.
50:04The
50:04succession
50:05battle is
50:05over,
50:06and both
50:06sides are
50:07claiming
50:07victory.
50:09But I
50:10think you
50:10have to
50:11say that
50:12Lachlan
50:13and Rupert
50:13won,
50:14because Lachlan
50:16is going
50:16to be in
50:17control of
50:17this empire
50:17until 2050.
50:19James and
50:20his sisters,
50:21they got
50:21more money,
50:23yes,
50:23but it's
50:24hard to see
50:25this as a
50:26victory when
50:26you already
50:27have billions
50:27of dollars
50:28and you've
50:28just added
50:28another
50:28billion.
50:29Whereas
50:30Lachlan
50:30actually got
50:31something here
50:32that he
50:32didn't have,
50:33which was
50:33control of
50:35this company.
50:36But for
50:37all this
50:37talk of
50:38winning,
50:39they all
50:39lost.
50:40They've
50:41got their
50:41billions,
50:42but they've
50:42lost their
50:42family,
50:43and that
50:44is what
50:45being a
50:46Murdoch
50:46really cost
50:47them.
50:48How would
50:49you describe
50:50your dad?
50:50Well, I
50:51think the
50:52shows make
50:52him look
50:53dark and
50:54sinister,
50:55and really
50:55he's a
50:57really nice
50:58person,
50:59a fun
50:59person.
51:00Sometimes,
51:00eh?
51:01Yeah.
51:01Tell me about
51:02some of the
51:02kind of things
51:03that you would
51:04disagree with
51:04him about
51:05and how
51:06you deal
51:06with it.
51:08We don't have
51:09little enough.
51:11How important
51:12is it for
51:12news corporations
51:13today,
51:14family has?
51:15To him?
51:16How important
51:17to him is
51:18the question?
51:21I think what
51:22he's done
51:22with all of
51:23his children
51:23is throw
51:24them in
51:25the deep
51:25end,
51:25give them
51:26great
51:26challenges,
51:27and expect
51:28them to
51:28achieve in
51:30those challenges.
51:32Is there
51:33a personal
51:33price that
51:34you're bound
51:34to have to
51:35pay?
51:36I think so,
51:37yes.
51:38This is an
51:39all-consuming
51:39life,
51:41and,
51:41um,
51:45you know,
51:45that's really
51:45what I'm
51:46going to
51:46say,
51:46but,
52:44المترجم للقناة
53:14المترجم للقناة
53:44المترجم للقناة
54:12المترجم للقناة
54:44المترجم للقناة
55:14المترجم للقناة
55:44المترجم للقناة
55:45المترجم للقناة
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