Business
Rupert Murdoch prepares to hand over his media empire – Stuff.co.nz
As the media mogul turns 90, investors and offspring get ready for a battle over its future.
Birthday parties in pandemics are dreary, even for billionaires. But Rupert Murdochs 90th, which he celebrated on March 11, should at least have been less stressful than his 80th. Back then British detectives were burrowing into a subsidiary of his firm, News Corporation, then the worlds fourth-largest media company, for evidence that its journalists had hacked phones and bribed police. Several convictions later, and after the closure of the 168-year-old News of the World, Murdoch was hauled before…
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