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☆ Lachlan Murdoch Drops Defamation Lawsuit Against Australian Publisher
▼ + stars: | 2023-04-21 | by ( David Winning | ) www.wsj.com time to read: +2 min

Lachlan Murdoch in Sun Valley, Idaho, in 2019. And Murdoch is his unindicted co-conspirator.”Private Media rejected the claim that the article had defamed Mr. Murdoch and the case was due to go to trial in federal court in Sydney in October. On Friday, Mr. Murdoch’s attorney, John Churchill, filed a notice with the federal court stating that the Fox chief executive was discontinuing the proceedings. In a statement, Mr. Churchill said Mr. Murdoch was confident that he would have won the case at trial. Crikey, in a statement on its website, called the decision a victory for public interest journalism and said it stood by the original article.

☆ Lachlan Murdoch drops defamation lawsuit against Australian news website
▼ + stars: | 2023-04-21 | by ( Byron Kaye | ) www.reuters.com time to read: +2 min

SYDNEY, April 21 (Reuters) - Fox Corp (FOXA.O) CEO Lachlan Murdoch dropped a defamation lawsuit against an Australian news site over an opinion piece he said accused him of complicity in the Jan. 6 attack on the U.S. Capitol, saying the defendant was trying to generate publicity. A lawyer for Private Media, Michael Bradley, said Murdoch had discontinued his Federal Court claim without warning and that Murdoch would pay Private Media's costs. "It's complete vindication of their stand on the principle of press freedom," Bradley said in an email, referring to Crikey and its employees. Fox and its top-rated cable channel Fox News on April 18 settled a defamation lawsuit by ballot machine operator Dominion Voting Systems, on what was to be the first day of a trial where Lachlan's father, Fox Corp Chairman Rupert Murdoch, had been expected to testify. In the Australian lawsuit, which was scheduled to go to trial in October, Lachlan Murdoch had accused Private Media and four employees of damaging his reputation in a June 29, 2022, opinion piece that described the Murdochs as "unindicted co-conspirators" in the effort by Trump supporters to overturn his election loss.

☆ What to know ahead of the Fox News and Dominion trial
▼ + stars: | 2023-04-16 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +6 min

New York CNN —A trial in a defamation suit brought against Fox News by Dominion Voting Systems is set to begin this week. Here are 5 things to know ahead of the trial. Fox was trying to block Dominion from having the Murdochs on the witness stand. Fox Corporation, the right-wing news outlet’s owner, has an estimated $4 billion in cash on hand, according to its latest earnings statement. Though major figures at Fox privately acknowledged reality – that former President Donald Trump had lost to President Joe Biden in 2020 – Fox continued to air conspiracies and lies in order to keep its large audience engaged.

☆ Fox mogul Rupert Murdoch survived the phone-hacking scandal. Dominion's $1.6 billion lawsuit will test whether he can do it again.
▼ + stars: | 2023-04-16 | by ( Jack Newsham | ) www.businessinsider.com time to read: +15 min

Now, two voting-technology companies, Dominion Voting Systems and Smartmatic, want to make another Murdoch media property pay even more for Fox News's role in spreading election denial. But the phone-hacking scandal showed how Murdoch has weathered challenges to his power before. Another key difference from the phone-hacking scandal is the presence of written records that show Fox execs knew exactly what was going on. In the last quarter of 2022, Fox Corp. netted $321 million on $4.6 billion in revenue. And during the phone-hacking scandal, Murdoch showed fierce loyalty.

☆ Dominion urges judge to compel Murdochs to testify live in Fox trial
▼ + stars: | 2023-04-05 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +2 min

Dominion Voting Systems urged a Delaware judge to compel Fox Corp. Chairman Rupert Murdoch, and his son, Fox Corp. CEO Lachlan Murdoch, to appear live in court during the upcoming trial over its $1.6 billion defamation lawsuit against Fox and its networks. In a letter to Judge Eric Davis on Wednesday, Dominion urged the judge to compel both Murdochs to appear live. In earlier court papers Dominion did not included the Murdochs on its list for live testimony, although it had been earlier discussed in court. Fox had opposed Murdoch, as well as the other Fox Corp. executives, giving their testimony live in court. They had also pointed to the elder Murdoch's age, 92, as a reason for why he couldn't appear live in court.

☆ Dominion can force Murdochs to testify at Fox News defamation trial, judge says
▼ + stars: | 2023-04-05 | by ( Marshall Cohen | ) edition.cnn.com time to read: +1 min

Washington, DC CNN —Dominion Voting Systems can force Fox Corporation executives Rupert and Lachlan Murdoch to testify on the witness stand at this month’s scheduled defamation trial, a Delaware judge said Wednesday. Delaware Superior Court Judge Eric Davis said at a hearing that if Dominion subpoenas the Murdochs to testify in person, he would not quash those subpoenas, and the Murdochs would need to show up. “They are relevant to the case… if Dominion wants to bring them live, they need to issue a trial subpoena, and I would not quash it,” Davis said. He added that “it would be my discretion that they come” to testify in-person at the trial, which is scheduled to begin later this month in Wilmington, Delaware. Fox News denies wrongdoing and says the case is a meritless assault against the First Amendment.

☆ Judge rejects Fox motions, allows Dominion's $1.6 billion defamation suit to go to trial
▼ + stars: | 2023-03-31 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +5 min

A Delaware judge on Friday said Dominion Voting's $1.6 billion defamation lawsuit against Fox Corp. and its networks could go to trial in April. Judge Eric Davis of Delaware's Superior Court rejected Fox's arguments that it should bypass a trial since it's protected by the First Amendment. We look forward to going to trial," Dominion said late Friday afternoon. The former president, who was indicted Thursday in an unrelated criminal matter, has repeatedly made false claims about the election being rigged against him. The depositions of both Murdochs, as well as other Fox Corp. executives, are to be included in the trial, too.

Fox News, however, did suggest it wants to put Scott, Wallace, Hannity, Carlson, Bartiromo, and Baier on the stand as witnesses. But in past court filings, Fox News has highlighted the fact that Baier said on-air shortly after the 2020 election that there weren’t indications of widespread fraud. Both Fox News and Dominion asked Davis in court this week to declare them the outright winner without a trial. Fox News has argued that it can’t be held liable for airing inherently newsworthy allegations from public figures that Dominion rigged the 2020 election, even if those claims were false. Fox Corporation has argued that Dominion overstated its role in Fox News’ editorial coverage of the 2020 election and asked to be dropped from the lawsuit – but the judge let the case move forward.

☆ Rupert Murdoch testified that Fox News hosts lied about the 2020 election. Here's why it wasn't a misstep.
▼ + stars: | 2023-03-06 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +8 min

Rupert Murdoch admitted Fox News hosts endorsed falsehoods about the 2020 election. Murdoch chairs Fox Corporation, which argues it isn't responsible for claims made on subsidiary Fox News. Here was the chair of Fox Corporation, a 91-year-old mogul atop a conservative media empire, admitting to lies that damaged democracy. When asked by Dominion's lawyers in a January deposition whether he thought Fox hosts were truthful about the election, Murdoch was candid. Fox Corporation also manages subsidiaries like Fox Sports, a large number of local TV stations, TMZ, Tubi, and a blockchain company.

☆ Steve Bannon's attack on 'oligarch' Rupert Murdoch shows just how far the rift between Fox News and Trump allies has grown
▼ + stars: | 2023-03-06 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

Fox News bosses criticized Trump while promoting his election fraud claims, court papers show. The speech marks an astonishing deterioration of the once symbiotic relationship between Trump and Fox News, which remains the top-rated cable news network. They played a key role in promoting Trump's populist polices, and in denigrating the then-president's opponents and critics. Fox News faces paying a potential $1.6 billion in damages for promoting Trump's election fraud conspiracy theories in 2020. Ron DeSantis, rumored to be preparing a rival campaign to Trump's, while reportedly imposing a "soft ban" on Trump.

☆ Fox News has implemented a 'soft ban' on Donald Trump and is avoiding putting him on air, report says
▼ + stars: | 2023-03-04 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +4 min

Members of Trump's inner circle claim that Fox News has put a "soft ban" on him, a report says. Trump has not appeared on Fox News once since he announced his presidential bid in November. "Everyone knows that there's this 'soft ban' or 'silent ban,'" one source close to the former president told the outlet. "It's certainly — however you want to say, quiet ban, soft ban, whatever it is — indicative of how the Murdochs feel about Trump in this particular moment." One unnamed Trump aide told Semafor that they've heard about the "soft ban" directly from people at Fox.

☆ Fair and Balanced? Murdoch’s private messages show Fox News was instructed to help Republicans
▼ + stars: | 2023-03-02 | by ( Oliver Darcy | ) edition.cnn.com time to read: +4 min

But a deposition and private messages made public in recent weeks has exposed that even Rupert Murdoch doesn’t treat Fox News like an actual news organization. But at Fox News, that’s not the case. It’s just striking to hear Fox leadership like Ryan talk openly behind the scenes about what the company is at its core. Fox News has accused Dominion of having “cherry picked” statements to unfairly malign the network. But it’s hard to see how, under any circumstances, these instructions to a supposed network news chief would be appropriate.

☆ Fox News election fraud revelations could take down the network’s embattled chief
▼ + stars: | 2023-03-02 | by ( Oliver Darcy | ) edition.cnn.com time to read: +6 min

New York CNN —Who will Rupert Murdoch exile from the Fox kingdom? The stunning levels of misconduct exposed in recent weeks raise questions about the future of Suzanne Scott, the embattled chief executive of Fox News. “They’re leading a trail of crumbs that lead back to her office,” added David Folkenflik, the NPR media correspondent and Murdoch biographer. In each case, Murdoch made the decision to sever ties with top personnel. “They should be reprimanded, maybe got rid of.”As Folkenflik noted, “If you’re Rupert, you can’t fire Rupert.

☆ The 10 biggest revelations from Dominion’s explosive Fox News legal filing
▼ + stars: | 2023-02-28 | by ( Oliver Darcy | ) edition.cnn.com time to read: +6 min

Murdoch rejected that Fox News, as an entity, endorsed former President Donald Trump’s election lies. They endorsed,” Murdoch said, according to the filing, when asked about the hosts’ promotion of false claims about the election. ► Behind the scenes, Paul Ryan repeatedly warned the Murdochs to stop allowing the spread of election lies. “Maybe best to let Bill go right away,” which would “be a big message with Trump people” the filing said. These documents reveal that Fox News executives and hosts knew the truth and yet they peddled election lies to the audience.

☆ Rupert Murdoch said Sean Hannity was 'privately disgusted' by Donald Trump for weeks after the election: court filing
▼ + stars: | 2023-02-28 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +4 min

Rupert Murdoch said in a January 2021 email to Paul Ryan that Sean Hannity was "disgusted" by Trump. Murdoch added in his email that Hannity was "scared to lose viewers" despite his distaste for Trump. Murdoch said to Ryan that Hannity also needed a "wake-up call" after the Capitol riot. Segments of emails Murdoch sent in 2021 were published on Monday in a court filing from Dominion Voting Systems. Wake-up call for Hannity, who has been privately disgusted by Trump for weeks, but was scared to lose viewers," Rupert Murdoch wrote in response to Ryan.

☆ Rupert Murdoch's son Lachlan ordered Fox News host to rein in 'smug and obnoxious' anti-Trump comments about the 2020 election, court docs show
▼ + stars: | 2023-02-28 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

Lachlan Murdoch said a Fox News host's comments were "smug and obnoxious", according to court docsLeland Vittert came under fire for challenging Trump's election fraud claims, the lawsuit said. Fox CEO Lachlan said journalist Leland Vittert's "anti-Trump" views were "[s]mug and obnoxious", according to a legal filing made as part of a $1.6 billion lawsuit by Dominion against Fox News. Dominion has accused Fox News of pushing baseless claims that voting machines were used in a plot to rig the 2020 election results. The company released a slew of private communications by the network's owner, Rupert Murdoch, and his top lieutenants, including his son, Lachlan. Fox News has disputed the Dominion lawsuit, saying that its right to discuss Trump's election fraud claims are protected under the First Amendment.

NEW YORK, Jan 25 (Reuters) - Large shareholders in News Corp (NWSA.O) on Wednesday applauded Rupert Murdoch's decision to withdraw a proposal to reunite the owner of Dow Jones and Fox Corp , as News Corp decided to pursue a sale of Move Inc instead. On Tuesday, activist investment firm Irenic Capital, which had also opposed the proposed reunion of Fox and News Corp, applauded the decision to not move forward. Cowen & Co's Doug Creutz said investors were pleased by the decision to walk away from a potential combination, saying that pressure from investors like T Rowe Price weighed on the Murdoch's decision to pursue the deal. Fox shares were up about 2% on Wednesday. "The other big question is – does News Corp give their shareholders their pro-rata shares of REA in addition to selling Move?

Three sources familiar with the matter said News Corp was in talks to sell its stake in Move to CoStar for about $3 billion. The deal would have recombined the media empire Murdoch split nearly a decade ago. No offer was exchanged between News Corp and Fox Corp before merger deliberations were abandoned, according to sources familiar with the process, who said pushback from News Corp shareholders played a role in those plans being scrapped. News Corp currently has a market capitalization of about $11 billion, while Fox is valued at a shade over $17 billion. Rupert Murdoch and his family trust control about 40% of News Corp and Fox.

☆ News Corp plans to sell real estate giant Move Inc, valued at $1.4 billion, to CoStar as Rupert Murdoch shelves proposed merger of News Corp and Fox
▼ + stars: | 2023-01-25 | by ( Claire Atkinson | Daniel Geiger | ) www.businessinsider.com time to read: +3 min

News Corp is in talks to sell Move Inc, the operator of listings site Realtor.com, to CoStar. The news comes as executive chairman Rupert Murdoch shelves a News Corp merger with Fox. News Corp is planning to sell Move Inc., the California-based operator of Realtor.com and other real estate listings sites, to CoStar, a commercial real estate data and technology firm. One News Corp shareholder, Irenic Capital, had argued against the merger, suggesting that News Corp could benefit shareholders if it unlocked the value of its holdings including Dow Jones and the real estate assets. The balance is held by News Corp's digital real estate subsidiary REA.

Jan 24 (Reuters) - Rupert Murdoch reversed course on Tuesday and withdrew a proposal to re-unite News Corp (NWSA.O) and Fox Corp as the company is also exploring a sale of its stake in Move Inc., which operates the Realtor.com website, according to a regulatory filing and sources familiar with the process. Several top shareholders had publicly said they opposed the proposed plan, and on Tuesday News Corp said in a statement that the combination was "not optimal for shareholders of News Corp and Fox at this time." The deal would have reunited the media empire Murdoch split nearly a decade ago. No offer was exchanged between News Corp and Fox Corp before merger deliberations were abandoned, according to sources familiar with the process, who said pushback from News Corp shareholders played a role in those plans being scrapped. "Looking ahead, News Corp has an opportunity to create substantial value for its owners."

☆ Rupert Murdoch deposition in Dominion-Fox lawsuit delayed until next week
▼ + stars: | 2023-01-13 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +3 min

Rupert Murdoch, chairman of News Corp and co-chairman of 21st Century Fox, arrives at the Sun Valley Resort of the annual Allen & Company Sun Valley Conference, July 10, 2018 in Sun Valley, Idaho. Fox Corp. Chairman Rupert Murdoch is now slated to appear for a deposition later in January as part of Dominion Voting's defamation lawsuit against the company and its cable news networks. The deposition is set to occur Thursday and Friday next week, according to court filings. Most recently, his son and Fox CEO Lachlan Murdoch faced questioning as part of the lawsuit. The trial is set to begin on April 17, with pre-trial conferences in the days prior, according to court filings.

☆ Media mogul Bloomberg eyes Dow Jones or Washington Post acquisition, no talks yet
▼ + stars: | 2022-12-23 | by ( ) www.reuters.com time to read: +3 min

According to the Axios report, Bloomberg sees News Corp-owned (NWSA.O) Dow Jones, also the publisher of Barron's and MarketWatch, as the ideal fit but would buy the Post if Amazon.com Inc (AMZN.O) founder Jeff Bezos was interested in selling. Bloomberg L.P., the Washington Post and Dow Jones did not immediately respond to Reuters' requests for comment. "The transaction would be challenged only if the resulting choices leave insufficient competition in the market for either users or suppliers. In October, Rupert Murdoch had started a process that could reunite his media empire, News Corp and Fox Corp (FOXA.O), nearly a decade after the companies split. Reuters competes with Bloomberg News, a unit of Bloomberg L.P., as a provider of financial news.

☆ Rupert Murdoch will be deposed in Dominion's $1.6 billion lawsuit against Fox
▼ + stars: | 2022-12-06 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +2 min

Fox Corp . Chairman Rupert Murdoch is scheduled to appear for a deposition next week as part of Dominion Voting's defamation lawsuit against the company and its cable TV networks. In its $1.6 billion lawsuit against Fox, Dominion has argued that Fox News and Fox Business made false claims that its voting machines were rigged in the 2020 presidential election between Donald Trump and Joe Biden. Earlier this year Fox's TV personalities, including Maria Bartiromo, Sean Hannity, Tucker Carlson and Jeanine Pirro, appeared for depositions. Dominion has argued Fox and its top executives played a role in Fox's TV personalities spreading misinformation about voter fraud. And with the Dominion case moving closer to the trial's expected start date in April, neither side has shown signs of entering settlement talks.

☆ Newsmax CEO reveals how he's challenging Fox News for right-leaning viewers, why his network won't endorse candidates, and why his friend Trump shouldn't run in 2024
▼ + stars: | 2022-12-04 | by ( Claire Atkinson | ) www.businessinsider.com time to read: +12 min

Newsmax CEO Chris Ruddy says it challenges Fox News for conservative viewers but also wants Democrats. Ruddy said Donald Trump shouldn't run in 2024 because "he's a guy that doesn't need the presidency." Here's why a media CEO who considers Donald Trump a good friend doesn't think his good friend should run for president again. Let's talk about the Arizona call[during the 2020 election]: Fox News called that election within 20 minutes. I would prefer Trump not run because I don't think it's good for him personally.

☆ Lachlan Murdoch biographer breaks down his relationship with father Rupert Murdoch and why a merger of Fox and News Corp is about 'entrenching Lachlan's control'
▼ + stars: | 2022-11-30 | by ( Claire Atkinson | ) www.businessinsider.com time to read: +10 min

A new unauthorized biography of Lachlan Murdoch explores his business profile and family relationships. Its author, Paddy Manning, speculates about who might exit if Rupert Murdoch's Fox Corp and News Corp recombine. Rupert Murdoch remains executive chairman of News Corp and chairman of Fox. Lachlan Murdoch was named Fox's CEO, and James Murdoch, after four years as CEO of 21st Century Fox, was left to carve his own path. If you're looking longer-term about who's going to run the company beyond the merger, if it happens, [News Corp CEO] Robert Thomson is probably retiring.

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