In a historic resolution of the long-standing succession battle, Lachlan Murdoch has emerged as the definitive leader of the Murdoch family media empire, securing control over Fox Corporation and News Corp. The agreement culminated in a deal valued at $3.3 billion, allowing Lachlan to inherit the reins from his father, Rupert Murdoch. While the arrangement ends the family’s internal conflicts, it has reportedly led to significant changes, with some siblings choosing to cut ties in exchange for financial payouts. As Lachlan takes the helm amid family disputes, questions remain about the future direction of the media properties, including Fox News and The Wall Street Journal.