Lachlan Murdoch , chairman and CEO of Fox Corp. , won the succession battle against his siblings to hold voting power over the TV media company and News Corp, which were built by their father, Rupert Murdoch.

And Murdoch, speaking Wednesday at the 2025 Goldman Sachs Communacopia + Technology Conference in San Francisco, said that the resolution of the matter is “great news for investors.”

With Lachlan in control of Fox Corp., the exec said, “it gives us a clarity about our strategy going forward.”

“It shows our strategy will be consistent. It’s clear, and it’s very sustainable,” he said. In the months and years ahead, he continued, “We can be very focused on returning capital to investors,” as well as investing in “our great journalism” and “remain[ing] focused on the path that we’

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