For Lachlan Murdoch, this has been a long time coming — assuming, that is, his moment has actually arrived
. On Thursday, his father Rupert Murdoch announced that he’s stepping down as the head of his two media companies — News Corp. and Fox Corp. -- as of November. For Lachlan Murdoch, this moment has been a long time coming. Assuming, of course, that his moment has actually arrived.
Given Rupert Murdoch's advanced age, this might be his last power move. But there's a reason the HBO drama""was often interpreted as a thinly disguised and dark satire of his family business. In Murdoch World, as in the fictional world of the Roy family, seemingly sure things can go sideways in an instant, particularly when unexpected opportunities arise.
Lachlan's ascent came to an abrupt halt in 2005, when he resigned from News Corp. with no public explanation. According to Paddy Manning, an Australian journalist who last year published a biography of Lachlan Murdoch, the core problem involved two relatively minor issues on which Lachlan disagreed with Roger Ailes, who then ran Fox News.
Manning said that the damage the scandal inflicted on News Corp. — and on both Lachlan Murdoch's father and his brother James, chief executive of News' British newspaper group at the time — helped pull Lachlan back to the company. Not long afterward, Ailes was forced out of his job at Fox News following numerous credible allegations of sexual harassment.
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