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re: Trump and Murdoch

Posted on 7/29/25 at 9:40 pm to
Posted by GeauxBurrow312
Member since Nov 2024
5386 posts
Posted on 7/29/25 at 9:40 pm to
quote:

They can make it another NBC going into it with the full knowledge that they’re about to start nosediving in ratings and losing money, I suppose…..just like NBC.


Murdoch's kids who are in the succession battle are in their 50s and 60s. Most of them are libtards. I cant imagine owning Fox News is doing great for their social life, once you have frick you money, whats the difference between billions and tens of billions if you dont give shite about being a steward for future generations? Liberals only care about themselves and the present moment
Posted by davyjones
NELA
Member since Feb 2019
35168 posts
Posted on 7/29/25 at 9:41 pm to
I would imagine stockholders and the board of directors might have a different take on it though.
Posted by TDTOM
Member since Jan 2021
24834 posts
Posted on 7/29/25 at 9:44 pm to
If he knew this was false, then a class action from shareholders might be next.
Posted by GeauxBurrow312
Member since Nov 2024
5386 posts
Posted on 7/29/25 at 9:45 pm to
Murdoch owns 40% of the company, you would basically need every other shareholder to vote against them lol

The Murdoch trust also dominates the Class B voting shares - basically shareholders are just entitled to asset ownership, they dont have real say in the business.
This post was edited on 7/29/25 at 9:46 pm
Posted by davyjones
NELA
Member since Feb 2019
35168 posts
Posted on 7/29/25 at 9:51 pm to
You could be 100% right on that, I can’t and won’t say that I’m extremely knowledgeable on that particular subject. Going back to the original point, I’m still not convinced that immediately upon Rupert’s death that there will necessarily be a full blown campaign to “turn it into another NBC.” But, again, I admit that’s mere speculation and intuition.
Posted by KCT
Psalm 23:5
Member since Feb 2010
46512 posts
Posted on 7/29/25 at 10:29 pm to
quote:

His issues in changing the inheritance structure is because its not a will, its in a irrevocable trust he already established


I see.
Posted by trinidadtiger
Member since Jun 2017
18878 posts
Posted on 7/30/25 at 2:15 am to
He set up a trust, to help his heirs avoid tax, giving equal power and shares to his kids, he has six of them. Apparently three of them wanted to take the companies in full CNN mode, probably how Paul Ryan ended up there.

Rupert had second thoughts and wanted to change it giving control to his eldest Lachlan who wanted the empire to remain conservative. Vegas court said not so fast.

The trust expires in 2030, but poor ole Rupert is 94. Kids could end up selling the whole empire off, worth 24 billion US, before the ole man is even in the grave.

The guy has been married five times, the latest last year, kids and grandkids from different ones, viagra aint got nothin on this fella.

Think what you will about him, tough to build an empire, try and give it to the kids tax free, and watch them screw it up before you are even in the grave.
Posted by Westbank111
Armpit of America
Member since Sep 2013
4592 posts
Posted on 7/30/25 at 2:21 am to
There is a series on HBO I think? I watched it, but it’s about how he raised his kids and ran his business.

He’s pure scum! He purposely pinned his kids against each other in a dog eat dog environment since they were kids to see who would be “strong enough to take over his empire” and they are soulless. Heartless sacks of shite! Hope Trump crushes him!

Think the series is called “Succesaion”, it’s actually a good series though.,
Posted by SlidellTiger
Madisonville, La
Member since Jan 2004
1555 posts
Posted on 7/30/25 at 5:24 am to
STUPIDITY
Posted by SlidellTiger
Madisonville, La
Member since Jan 2004
1555 posts
Posted on 7/30/25 at 5:26 am to
Why did Biden & Garland do nothing? Protecting Clintons? What other Democrats are implicated? Release all files and let the chips fall
Posted by ManBearTiger
BRLA
Member since Jun 2007
22317 posts
Posted on 7/30/25 at 5:30 am to
quote:

mwade91383


It's incredible to see little retarded rodents like this who know so little truth attempt to speak with the voice and influence of a lion
Posted by Diamondawg
Mississippi
Member since Oct 2006
37184 posts
Posted on 7/30/25 at 6:10 am to
quote:

They didn’t run the story unless they knew on good authority it would hold up to legitimate legal scrutiny.
Who was the author and what was his tie to the Russia crap? There is your answer.
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