Overview

• News Corp. and Fox Corporation said the dispute over the Murdoch family trust is resolved, confirming a settlement that sets the future governance of the media group.
• Lachlan Murdoch will control the companies through a new family trust in which his younger half‑sisters Grace and Chloe are beneficiaries, preserving his decision-making authority.
• James, Elisabeth and Prudence agreed to relinquish their interests in exchange for payouts reported at about $1.1 billion each, figures not detailed by the companies.
• Major outlets report the trust’s terms run until 2050, and the three siblings will exit corporate influence with restrictions on buying shares in Fox or News Corp., with a six‑month window to sell existing holdings.
• Coverage frames the deal as entrenching the conservative editorial direction across Fox News and News Corp., addressing the concern that control might have shifted after Rupert Murdoch’s death.