Many Murdoch observers see the move as an effort by Lachlan (right), who serves as executive chair and chief executive officer at Fox and co-chair at News Corp, to further consolidate his power. — Bloomberg
LOS ANGELES: Lachlan Murdoch summoned the business leaders of Fox Corp and News Corp to Chartwell, his US$150mil (RM665.2mil) Los Angeles estate, for a rare meeting in February.
While his father Rupert Murdoch, the billionaire co-chairman of both businesses, preferred to let his executives compete against each other, his eldest son had a different plan.
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