(Updates to paragraph 18, adding that Lachlan and family live in Sydney)
By Dawn Chmielewski and Helen Coster
Sept 21 (Reuters) –
Lachlan Murdoch, the eldest son of media titan Rupert Murdoch, was named the sole chairman of News Corp and will continue as the chair and chief executive of Fox Corp , the companies said on Thursday, settling for now the issue of succession in one of the world’s most powerful media empires.
The younger Murdoch will preside over influential news brands such as the Wall Street Journal, Fox News and the Sun – in Australia, the United States and UK – as well as Fox Sports, Fox Entertainment and others.
Lachlan Murdoch, 52, is the third-oldest of Rupert Murdoch’s six children. Born in London to Murdoch and his second wife, Anna, he grew up steeped in the media business. In an interview with the Australian Broadcasting Corporation’s “Dynasties” program, he said that every morning, before catching the school bus, he and his siblings would read the morning papers – The New York Post, The New York Times, the Daily News and the Wall Street Journal – with his father flagging stories of interest, ordering: “Read that.”
The best way to capture their father’s attention in the evenings was to talk about media or politics, according to Paddy Manning’s 2022 biography, “The Successor.” As Lachlan Murdoch got older, he would spend summers working in the family business, cleaning the presses for Sydney’s “Daily Mirror,” or working as a…