1 00:00:10,614 --> 00:00:15,414 Speaker 1: You're listening to a Mummamea podcast. Mumma Mea acknowledges the 2 00:00:15,454 --> 00:00:18,334 Speaker 1: traditional owners of land and waters that this podcast is 3 00:00:18,374 --> 00:00:19,054 Speaker 1: recorded on. 4 00:00:22,934 --> 00:00:23,134 Speaker 2: Hi. 5 00:00:23,294 --> 00:00:26,854 Speaker 1: I'm Claire Murphy. This is Mumma MEA's twice daily news podcast, 6 00:00:26,894 --> 00:00:30,454 Speaker 1: The Quickie. This week, some of the very richest people 7 00:00:30,454 --> 00:00:34,054 Speaker 1: in the world made headlines for very different reasons. In 8 00:00:34,094 --> 00:00:37,174 Speaker 1: one case, media mogul Rupert Murdock has had a very 9 00:00:37,214 --> 00:00:40,134 Speaker 1: bad day in court, the future of his media empire 10 00:00:40,214 --> 00:00:43,294 Speaker 1: now hanging in the balance. In the other, the wealthy 11 00:00:43,374 --> 00:00:46,414 Speaker 1: CEO of US Health Insurance Company was shot and killed 12 00:00:46,414 --> 00:00:48,974 Speaker 1: by a man who seemed to have captured the sentiment 13 00:00:49,014 --> 00:00:52,694 Speaker 1: of Americans who continue to struggle with navigating their expensive 14 00:00:52,814 --> 00:00:56,734 Speaker 1: and complicated healthcare system. Today we break down who the 15 00:00:56,774 --> 00:00:59,894 Speaker 1: alleged shooter at Luigi Mangioni is and why the Murdoch 16 00:00:59,934 --> 00:01:03,494 Speaker 1: family's legacy might be about to change. But first, here's 17 00:01:03,494 --> 00:01:06,534 Speaker 1: the letters from the Quikie newsroom, Thursday, December twelfth. The 18 00:01:06,614 --> 00:01:09,134 Speaker 1: value of Australian homes could drop slightly at the start 19 00:01:09,134 --> 00:01:11,894 Speaker 1: of next year, but an expected interest rate cut could 20 00:01:11,934 --> 00:01:15,054 Speaker 1: see that trend reverse. The data from core Logic shows 21 00:01:15,054 --> 00:01:17,734 Speaker 1: the start of twenty twenty five may see a continuation 22 00:01:17,854 --> 00:01:20,414 Speaker 1: of the drag on buyer demand, which could result in 23 00:01:20,414 --> 00:01:23,334 Speaker 1: a small decline in national home values, but the report 24 00:01:23,374 --> 00:01:25,894 Speaker 1: notes had dropping interest rates by the Reserve Bank could 25 00:01:25,974 --> 00:01:30,014 Speaker 1: increase demand amongst prospective buyers. The slowdown in rent growth 26 00:01:30,054 --> 00:01:33,134 Speaker 1: recorded across twenty twenty four is also expected to continue 27 00:01:33,134 --> 00:01:36,494 Speaker 1: in twenty twenty five as demand continues to be squeezed 28 00:01:36,614 --> 00:01:38,414 Speaker 1: due to the restraints brought on by the cost of 29 00:01:38,414 --> 00:01:42,494 Speaker 1: living crisis. Thousands of women are expected to join class 30 00:01:42,494 --> 00:01:46,094 Speaker 1: actions against two of the country's biggest mining companies, alleging 31 00:01:46,134 --> 00:01:50,734 Speaker 1: widespread and systemic sexual harassment and discrimination dating back two decades. 32 00:01:51,134 --> 00:01:53,414 Speaker 1: Lawyers who are handling the class actions say that some 33 00:01:53,454 --> 00:01:56,614 Speaker 1: of the women feel completely broken by their experience working 34 00:01:56,614 --> 00:01:59,694 Speaker 1: in the mines. Some say they were urinated on, groped, 35 00:01:59,774 --> 00:02:04,214 Speaker 1: shown pornographic videos, and intimidated by male colleagues who threatened violence, 36 00:02:04,334 --> 00:02:08,094 Speaker 1: including rape. Some women reported they were ridiculed and sometimes 37 00:02:08,134 --> 00:02:10,654 Speaker 1: sacked by the companies after trying to speak out about 38 00:02:10,654 --> 00:02:14,094 Speaker 1: their experiences. Many have been unable to return to work 39 00:02:14,334 --> 00:02:17,414 Speaker 1: due to sustain sexual assaults and harassment, or have been 40 00:02:17,494 --> 00:02:20,294 Speaker 1: overlooked for any further opportunities in their career if they 41 00:02:20,334 --> 00:02:23,894 Speaker 1: speak up. The two companies involved, Rio Tinto and BHP 42 00:02:24,094 --> 00:02:27,574 Speaker 1: have apologized to anyone who's experienced any form of harassment 43 00:02:27,614 --> 00:02:30,774 Speaker 1: whilst working on mind sits under their control, saying they're 44 00:02:30,814 --> 00:02:32,894 Speaker 1: working to change the culture and that they have a 45 00:02:33,054 --> 00:02:37,054 Speaker 1: zero tolerance policy for this kind of behavior. More details 46 00:02:37,054 --> 00:02:38,934 Speaker 1: have been revealed about what was written in the three 47 00:02:38,974 --> 00:02:42,494 Speaker 1: page manifesto written by the alleged health insurance CEO shooter, 48 00:02:42,614 --> 00:02:45,454 Speaker 1: Luigi Mangioni. He wrote a note to those who would 49 00:02:45,534 --> 00:02:48,414 Speaker 1: end up investigating the crime, saying to the FEDS, I'll 50 00:02:48,454 --> 00:02:50,654 Speaker 1: keep this short because I do respect what you do 51 00:02:50,734 --> 00:02:54,134 Speaker 1: for our country. To save your lengthy investigation, I state 52 00:02:54,174 --> 00:02:57,534 Speaker 1: plainly that I wasn't working with anyone. He also reportedly 53 00:02:57,614 --> 00:02:59,894 Speaker 1: wrote in a notebook that he considered the best way 54 00:02:59,894 --> 00:03:03,374 Speaker 1: to kill United Healthcare CEO Brian Thompson, saying what could 55 00:03:03,374 --> 00:03:05,694 Speaker 1: be better than to kill the CEO at his own 56 00:03:05,774 --> 00:03:09,294 Speaker 1: bean counting conference, allegedly acknowledging that a shooting would be 57 00:03:09,294 --> 00:03:12,854 Speaker 1: more targeted and that a bomb could kill innocence. Mangioni 58 00:03:12,934 --> 00:03:15,254 Speaker 1: is being held in prison in Pennsylvania as he finds 59 00:03:15,254 --> 00:03:18,054 Speaker 1: sex tradition to New York, where he's facing murder charges. 60 00:03:18,854 --> 00:03:22,454 Speaker 1: The Syrian rebels who overthrew the dictator Bashah Alissade last 61 00:03:22,454 --> 00:03:25,774 Speaker 1: week have lifted the curfew they imposed on the capitol Damascus, 62 00:03:26,134 --> 00:03:29,174 Speaker 1: urging the people to resume business as usual. The rebel 63 00:03:29,214 --> 00:03:31,614 Speaker 1: command released a statement saying they want to work to 64 00:03:31,654 --> 00:03:35,174 Speaker 1: rebuild a new Syria. After imposing the curfew from Sunday 65 00:03:35,174 --> 00:03:38,214 Speaker 1: of four pm to five am, The main commander said 66 00:03:38,254 --> 00:03:41,454 Speaker 1: anyone involved in the torture or killing of detainees during 67 00:03:41,454 --> 00:03:44,854 Speaker 1: the ousted Syrian president's rule would be hunted down and 68 00:03:44,974 --> 00:03:47,574 Speaker 1: pardons were out of the question. The world is now 69 00:03:47,614 --> 00:03:49,414 Speaker 1: watching to see what will happen in the wake of 70 00:03:49,414 --> 00:03:52,014 Speaker 1: the dictators fall, to see if the new leaders can 71 00:03:52,054 --> 00:03:55,734 Speaker 1: find stability and avoid unleashing violent revenge after a thirteen 72 00:03:55,774 --> 00:03:58,854 Speaker 1: year civil war destroyed the country. That's what's happening in 73 00:03:58,854 --> 00:04:01,894 Speaker 1: the world today. Next, who is Luigi Mangioni and why 74 00:04:01,974 --> 00:04:26,734 Speaker 1: is the Internet happy that he committed murder? When the 75 00:04:26,734 --> 00:04:30,334 Speaker 1: shooting death of a health insurance CEO was celebrated by 76 00:04:30,454 --> 00:04:33,774 Speaker 1: people across the internet this past week, it exposed again 77 00:04:34,014 --> 00:04:37,134 Speaker 1: just how angry Americans are with their health care system 78 00:04:37,414 --> 00:04:40,254 Speaker 1: and the insurance companies who hold the power of life 79 00:04:40,254 --> 00:04:43,614 Speaker 1: and death. The man who allegedly pulled the trigger was 80 00:04:43,734 --> 00:04:47,254 Speaker 1: arrested this week amid a wave of support from neticens 81 00:04:47,334 --> 00:04:51,574 Speaker 1: who believe his actions were justified, claiming the algorithms insurance 82 00:04:51,574 --> 00:04:54,534 Speaker 1: companies have been using to deny claims for treatment have 83 00:04:54,654 --> 00:04:58,774 Speaker 1: killed thousands. Five days after the shooting death of United 84 00:04:58,774 --> 00:05:02,174 Speaker 1: Healthcare CEO Brian Thompson outside of New York hotel, a 85 00:05:02,254 --> 00:05:04,774 Speaker 1: twenty six year old man is in custody, a man 86 00:05:04,974 --> 00:05:08,854 Speaker 1: who was never on their suspect list. An employee in 87 00:05:08,894 --> 00:05:12,574 Speaker 1: a mcdonald' in Altoona, Pennsylvania, recognized the man as the 88 00:05:12,574 --> 00:05:15,894 Speaker 1: one that they'd seen in footage from CCTV cameras from 89 00:05:15,894 --> 00:05:18,414 Speaker 1: the day that Brian Thompson was shot as he walked 90 00:05:18,414 --> 00:05:21,934 Speaker 1: into the Hilton Hotel to attend a conference. He appeared 91 00:05:21,974 --> 00:05:24,414 Speaker 1: to have lain in wait for Thompson, standing behind a 92 00:05:24,454 --> 00:05:27,134 Speaker 1: parked car for five minutes, wearing a hoodie in a mask, 93 00:05:27,494 --> 00:05:30,614 Speaker 1: allowing others to walk past, until Thompson can be seen 94 00:05:30,614 --> 00:05:33,134 Speaker 1: in the footage walking up to him. The man then 95 00:05:33,174 --> 00:05:35,734 Speaker 1: emerges from behind the car, pulls a gun fitted with 96 00:05:35,774 --> 00:05:40,214 Speaker 1: a silencer from his pocket and shoots. He then fled 97 00:05:40,214 --> 00:05:42,414 Speaker 1: on foot before jumping on an e bike and riding 98 00:05:42,414 --> 00:05:45,694 Speaker 1: it into Central Park, where the cameras lost him. The 99 00:05:45,694 --> 00:05:49,254 Speaker 1: bullet casings that were left behind bore the words delay, deny, 100 00:05:49,534 --> 00:05:52,414 Speaker 1: and depose, in what's believed to be reference to a 101 00:05:52,454 --> 00:05:56,574 Speaker 1: process utilized by US health insurance companies to deny patients 102 00:05:56,694 --> 00:06:01,014 Speaker 1: claims and increase their profits. A national man hunt ensued, 103 00:06:01,054 --> 00:06:03,134 Speaker 1: with footage sent out to the public of the alleged 104 00:06:03,174 --> 00:06:05,734 Speaker 1: suspect in the back of a taxi and flirting with 105 00:06:05,734 --> 00:06:09,334 Speaker 1: a Starbucks employee, showing him both with and without the mask. 106 00:06:09,374 --> 00:06:12,374 Speaker 1: In the days before the shooting, he'd used a false 107 00:06:12,414 --> 00:06:15,454 Speaker 1: ID to check into a Manhattan hotel, a dead end 108 00:06:15,494 --> 00:06:19,454 Speaker 1: for police. The NYPD offered a ten thousand dollars reward 109 00:06:19,694 --> 00:06:22,134 Speaker 1: for any information that led to an arrest and conviction 110 00:06:22,254 --> 00:06:25,134 Speaker 1: over the shooting. The FBI followed that up with an 111 00:06:25,174 --> 00:06:29,494 Speaker 1: extra fifty thousand dollars US reward. Investigators drew up a 112 00:06:29,534 --> 00:06:31,934 Speaker 1: list of suspects, but it wouldn't be until a call 113 00:06:32,014 --> 00:06:34,814 Speaker 1: came in from the Alturna McDonald's Tuesday morning our time 114 00:06:35,134 --> 00:06:37,534 Speaker 1: that they would even consider this guy's suspect. 115 00:06:38,254 --> 00:06:42,054 Speaker 3: Earlier this morning, in Altoona, Pennsylvania, members of the Altuna 116 00:06:42,094 --> 00:06:47,294 Speaker 3: Police Department arrested Luigi Mangioni, a twenty six year old 117 00:06:47,374 --> 00:06:51,534 Speaker 3: mail on firearms charges. At this time, he is believed 118 00:06:51,534 --> 00:06:55,214 Speaker 3: to be our person of interest in the brazen targeted 119 00:06:55,294 --> 00:07:00,414 Speaker 3: murder of Brian Thompson, CEO of United Healthcare last Wednesday 120 00:07:00,494 --> 00:07:05,174 Speaker 3: in Midtown Manhattan. Responding officers questioned the suspect, who was 121 00:07:05,254 --> 00:07:10,294 Speaker 3: acting suspiciously and was carrying multiple fraudulent ID as well 122 00:07:10,334 --> 00:07:15,134 Speaker 3: as a US passport. Upon further investigation, officers recovered a 123 00:07:15,174 --> 00:07:19,294 Speaker 3: firearm on his person, as well as a suppressor, both 124 00:07:19,374 --> 00:07:21,974 Speaker 3: consistent with the weapon used in the murder. 125 00:07:23,894 --> 00:07:26,534 Speaker 1: When officers arrived at the McDonald's, they found the man 126 00:07:26,574 --> 00:07:29,174 Speaker 1: the server believed was a shooter sitting in the back 127 00:07:29,214 --> 00:07:31,894 Speaker 1: of the restaurant, wearing a medical face mask in a beanie, 128 00:07:31,974 --> 00:07:35,094 Speaker 1: looking at something on a laptop. They approached him and 129 00:07:35,214 --> 00:07:38,014 Speaker 1: asked him to remove his mask, which he did. The 130 00:07:38,054 --> 00:07:41,574 Speaker 1: complaint they filed against him says they immediately recognized him 131 00:07:41,614 --> 00:07:44,934 Speaker 1: as the suspect. The officers then asked him to hand 132 00:07:44,934 --> 00:07:47,654 Speaker 1: over his ID, which he complied with, handing them a 133 00:07:47,694 --> 00:07:51,254 Speaker 1: new jersey ID with the name Mark Rosario. He seemed 134 00:07:51,254 --> 00:07:54,134 Speaker 1: calm right up until they asked him if he'd been 135 00:07:54,174 --> 00:07:57,454 Speaker 1: to New York recently. The officers say after that question, 136 00:07:57,654 --> 00:08:01,974 Speaker 1: he became very quiet and started to shake. They checked 137 00:08:01,974 --> 00:08:04,414 Speaker 1: the ID but couldn't find any records to match it, 138 00:08:04,654 --> 00:08:07,054 Speaker 1: telling the man that he was now under police investigation. 139 00:08:07,894 --> 00:08:10,014 Speaker 1: It was then he told them his real name was 140 00:08:10,094 --> 00:08:13,094 Speaker 1: Luigi Mangioni. When asked why he'd given a false name, 141 00:08:13,134 --> 00:08:16,774 Speaker 1: he replied, I clearly shouldn't have. He appeared in court 142 00:08:16,774 --> 00:08:27,374 Speaker 1: in Pennsylvania, shouting a message to the waiting media. 143 00:08:25,374 --> 00:08:25,894 Speaker 3: Experience. 144 00:08:26,974 --> 00:08:29,774 Speaker 1: He said, this is completely unjust and an insult to 145 00:08:29,774 --> 00:08:33,774 Speaker 1: the American people and their lived experience. The judge read 146 00:08:33,814 --> 00:08:37,094 Speaker 1: out the police complaint Mangioni, pushing back on two claims 147 00:08:37,134 --> 00:08:39,774 Speaker 1: officers had made about him. The first was that he 148 00:08:39,854 --> 00:08:42,734 Speaker 1: was trying to evade authorities because he had eight thousand 149 00:08:42,774 --> 00:08:45,214 Speaker 1: dollars cash on his person. He said he didn't know 150 00:08:45,254 --> 00:08:47,774 Speaker 1: where the money had come from, suggesting it had been planted. 151 00:08:48,654 --> 00:08:51,494 Speaker 1: The other was that he showed signs of criminal sophistication 152 00:08:51,734 --> 00:08:54,334 Speaker 1: because he had a Faraday bag on him, a device 153 00:08:54,414 --> 00:08:57,014 Speaker 1: that blocks cell phone signals. He said he only had 154 00:08:57,014 --> 00:08:59,294 Speaker 1: it because it was waterproof, and he didn't know anything 155 00:08:59,334 --> 00:09:03,894 Speaker 1: about criminal sophistication. The complaint also outlined a three page 156 00:09:03,934 --> 00:09:07,494 Speaker 1: document found in Mangioni's belongings which suggested he had ill 157 00:09:07,534 --> 00:09:12,094 Speaker 1: will towards corporate America and specifically referenced United Healthcare, but 158 00:09:12,174 --> 00:09:15,454 Speaker 1: not Thompson by name. It also didn't specify any other 159 00:09:15,494 --> 00:09:20,134 Speaker 1: clear targets. It reportedly included the line these parasites had 160 00:09:20,174 --> 00:09:22,974 Speaker 1: it coming. I do apologize for any strife in trauma, 161 00:09:23,094 --> 00:09:26,294 Speaker 1: but it had to be done. The gun in question 162 00:09:26,374 --> 00:09:29,214 Speaker 1: seems to have been in part at least three D printed, 163 00:09:29,374 --> 00:09:33,094 Speaker 1: which may explain why misfired during the attack. These are 164 00:09:33,134 --> 00:09:35,814 Speaker 1: often referred to as ghost guns, firearms that have been 165 00:09:35,854 --> 00:09:38,574 Speaker 1: bought as incomplete frames which can then be turned into 166 00:09:38,574 --> 00:09:42,054 Speaker 1: a functional gun with other three D printed parts. He 167 00:09:42,174 --> 00:09:44,974 Speaker 1: was charged with weapons and other offenses connected to the 168 00:09:45,014 --> 00:09:47,454 Speaker 1: false I DS, but did not enter a plea when 169 00:09:47,454 --> 00:09:51,094 Speaker 1: he faced court. While he's still being held in Pennsylvania, 170 00:09:51,254 --> 00:09:53,774 Speaker 1: New York detectives flew in to question him and later 171 00:09:53,774 --> 00:09:56,854 Speaker 1: filed a murder charge against him too. So who is 172 00:09:56,974 --> 00:10:01,014 Speaker 1: Luigi Mangioni? Netterison scoured his social media accounts to try 173 00:10:01,054 --> 00:10:03,774 Speaker 1: and find a potential motive for the shooting. Before Meta 174 00:10:03,854 --> 00:10:07,094 Speaker 1: removed his Facebook and Instagram accounts, and YouTube took down 175 00:10:07,094 --> 00:10:10,694 Speaker 1: his videos. X did briefly suspend his account, but after 176 00:10:10,734 --> 00:10:14,534 Speaker 1: intervention from Elon Musk, it was reinstated. In this video 177 00:10:14,574 --> 00:10:17,374 Speaker 1: from twenty sixteen, we see him graduating high school in 178 00:10:17,374 --> 00:10:20,854 Speaker 1: Pennsylvania named his class Valedictorian. 179 00:10:20,334 --> 00:10:29,654 Speaker 2: Valedictorian Luigi Nicholas Mangioni. Luigi Exaculate. 180 00:10:31,894 --> 00:10:34,454 Speaker 3: To the class of twenty sixteen, a kind of class 181 00:10:34,454 --> 00:10:36,694 Speaker 3: that only comes around once every fifty years. 182 00:10:36,974 --> 00:10:39,494 Speaker 2: It's been an incredible journey and I simply can't imagine 183 00:10:39,494 --> 00:10:41,734 Speaker 2: the last few years with any other group of guys. 184 00:10:42,214 --> 00:10:42,534 Speaker 2: Thank you. 185 00:10:45,974 --> 00:10:49,094 Speaker 1: He went to the University of Pennsylvania, an Ivy League school, 186 00:10:49,134 --> 00:10:52,134 Speaker 1: where he graduated with the Masters and Bachelors in Computer 187 00:10:52,174 --> 00:10:55,854 Speaker 1: Science and Information Science in twenty twenty. Since then, he's 188 00:10:55,894 --> 00:10:58,454 Speaker 1: worked as a data engineer at a company called Trueca. 189 00:10:59,294 --> 00:11:02,374 Speaker 1: He posted about things he liked Pokemon and Carlie Ray 190 00:11:02,454 --> 00:11:06,294 Speaker 1: Jepson songs. His Twitter account shows conversations about his concerns 191 00:11:06,294 --> 00:11:09,414 Speaker 1: about Jordan Peterson and how he supported comments made by 192 00:11:09,574 --> 00:11:13,934 Speaker 1: former Fox News host Tucker Culson about Russian architecture. His 193 00:11:14,014 --> 00:11:16,654 Speaker 1: former roommate when he lived in Hawaii. R. J. Martin 194 00:11:17,054 --> 00:11:20,214 Speaker 1: told CNN that he is beyond shocked by the news 195 00:11:20,214 --> 00:11:22,414 Speaker 1: his friend was being held as a suspect in this 196 00:11:22,534 --> 00:11:26,134 Speaker 1: terrible crime. He explained that Mangioni had a back problem 197 00:11:26,134 --> 00:11:28,934 Speaker 1: that would at times leave him bedridden, saying he did 198 00:11:28,934 --> 00:11:31,174 Speaker 1: have surgery earlier this year where they had to place 199 00:11:31,214 --> 00:11:34,014 Speaker 1: screws into his spine, and you can see a picture 200 00:11:34,134 --> 00:11:36,734 Speaker 1: posted in his Twitter bio that seems to reflect this. 201 00:11:37,414 --> 00:11:40,454 Speaker 1: One netizen also looked at his Goodreads list and found 202 00:11:40,494 --> 00:11:44,214 Speaker 1: that he had read several books about pain management. Martin 203 00:11:44,254 --> 00:11:48,334 Speaker 1: says they never talked about guns or violence. Mangioni is 204 00:11:48,334 --> 00:11:52,294 Speaker 1: the grandson of self made multimillionaire Nicholas Mangioni, who died 205 00:11:52,334 --> 00:11:55,054 Speaker 1: in two thousand and eight. He built and owned nursing 206 00:11:55,094 --> 00:11:58,094 Speaker 1: homes and hospitals. He and his wife Mary also founded 207 00:11:58,094 --> 00:12:01,974 Speaker 1: a nursing home and assisted living company called Loraine Health Services, 208 00:12:02,174 --> 00:12:06,214 Speaker 1: operating nine facilities in Maryland. While the company website states 209 00:12:06,214 --> 00:12:08,654 Speaker 1: that these are still run by the family, there are 210 00:12:08,694 --> 00:12:11,614 Speaker 1: reports that you Know a healthcare the company, Brian Thompson 211 00:12:11,654 --> 00:12:13,854 Speaker 1: was the head of had attempted to buy them, but 212 00:12:13,934 --> 00:12:19,574 Speaker 1: this has not been confirmed. Mangioni's family also has ties 213 00:12:19,654 --> 00:12:23,134 Speaker 1: to the Republican Party. His cousin, Nino Mangioni, is a 214 00:12:23,134 --> 00:12:25,934 Speaker 1: member of the Maryland House of Delegates and served as 215 00:12:25,974 --> 00:12:28,734 Speaker 1: a Baltimore County co chair for the state's Trump victory 216 00:12:28,814 --> 00:12:32,894 Speaker 1: leadership county team. Luigi Mangioni will be back in court 217 00:12:32,894 --> 00:12:36,414 Speaker 1: in Pennsylvania on December twenty three. He's been denied bail 218 00:12:36,574 --> 00:12:39,974 Speaker 1: and is reportedly preparing to fight his extradition to New York. 219 00:12:40,334 --> 00:12:42,614 Speaker 1: Or Keep you updated as this case unfolds. 220 00:12:44,414 --> 00:12:44,734 Speaker 3: Next. 221 00:12:44,854 --> 00:12:48,014 Speaker 1: Ozzie medium ogul Rupert Murdoch had a very bad day 222 00:12:48,054 --> 00:12:50,334 Speaker 1: in court this week. We find out what it means 223 00:12:50,334 --> 00:12:53,254 Speaker 1: for the Murdoch family empire and the chosen son, Lachlin, 224 00:12:53,374 --> 00:13:03,254 Speaker 1: who's been denied the right to control it all. Rupert 225 00:13:03,334 --> 00:13:06,934 Speaker 1: Murdoch's attempt to secure his empire's future hit a significant 226 00:13:07,014 --> 00:13:09,854 Speaker 1: roadblock this week. The ninety three year old billion naire's 227 00:13:09,894 --> 00:13:12,734 Speaker 1: bid to modify his family trust to grant sole control 228 00:13:12,814 --> 00:13:16,774 Speaker 1: to his eldest son, Lachlan, was firmly rejected by Nevada court. 229 00:13:17,574 --> 00:13:22,414 Speaker 1: Nevada Probate Commissioner Edmund Gorman Junior delivered a scathing ninety 230 00:13:22,454 --> 00:13:26,694 Speaker 1: six page ruling that characterized the proposed trust modification as 231 00:13:26,694 --> 00:13:30,614 Speaker 1: a carefully crafted charade, finding that both Rupert and Lachlan 232 00:13:30,694 --> 00:13:33,734 Speaker 1: Murdoch had acted in bad faith in their attempt to 233 00:13:33,774 --> 00:13:39,014 Speaker 1: alter the trust. The current trust structure ensures equal control 234 00:13:39,054 --> 00:13:43,174 Speaker 1: amongst Murdoch's four eldest children, Lachlan, James, Elizabeth, and Prudence 235 00:13:43,254 --> 00:13:44,934 Speaker 1: when Rupert Murdock passes away. 236 00:13:45,254 --> 00:13:45,374 Speaker 2: Now. 237 00:13:45,454 --> 00:13:49,254 Speaker 1: This arrangement was established following Murdoch's divorce from his second wife, Anna. 238 00:13:49,734 --> 00:13:52,614 Speaker 1: Anna wanted to ensure that no further children that Rupert 239 00:13:52,694 --> 00:13:54,974 Speaker 1: might have would be able to make decisions that could 240 00:13:55,014 --> 00:13:58,614 Speaker 1: impact the empire in the future. His two youngest children, though, 241 00:13:58,934 --> 00:14:02,974 Speaker 1: still benefit from it financially now. Currently, Rupert has four 242 00:14:03,054 --> 00:14:05,934 Speaker 1: votes to the children's one each, giving him the ultimate 243 00:14:05,934 --> 00:14:09,614 Speaker 1: final say after he goes, though Lachlan, who is now 244 00:14:09,654 --> 00:14:12,574 Speaker 1: the CEO of both Fox News and News Corp, Will 245 00:14:12,614 --> 00:14:15,854 Speaker 1: not have that same power, having to defer to his siblings. 246 00:14:16,454 --> 00:14:20,454 Speaker 1: The attempted modification would have fundamentally altered the power dynamics 247 00:14:20,454 --> 00:14:24,054 Speaker 1: within one of the world's most influential media empires, Fox 248 00:14:24,094 --> 00:14:26,974 Speaker 1: News and News Corp, which include major outlets like The 249 00:14:26,974 --> 00:14:29,974 Speaker 1: Wall Street Journal and The New York Post now hang 250 00:14:30,054 --> 00:14:35,334 Speaker 1: in the ballance. Rupert argued that concentrating power in Lachlan's 251 00:14:35,334 --> 00:14:39,414 Speaker 1: hands was essential to maintain Fox News's conservative editorial direction 252 00:14:39,774 --> 00:14:43,334 Speaker 1: and preserve its commercial value. This legal battle, though, has 253 00:14:43,374 --> 00:14:47,974 Speaker 1: exposed deep divisions within the Murdoch family. The three siblings, Prudence, Elizabeth, 254 00:14:47,974 --> 00:14:51,494 Speaker 1: and James opposed the changes, leading to a rare public 255 00:14:51,574 --> 00:14:55,774 Speaker 1: family dispute. These three have welcomed the court's decision, expressing 256 00:14:55,814 --> 00:14:58,614 Speaker 1: hope that the family can now focus on strengthening and 257 00:14:58,694 --> 00:15:01,894 Speaker 1: rebuilding relationships. While the news of the court case broke 258 00:15:01,934 --> 00:15:04,334 Speaker 1: earlier this year, we didn't have a lot of information 259 00:15:04,374 --> 00:15:07,014 Speaker 1: to go on the Murdocks keeping their affairs private, the 260 00:15:07,014 --> 00:15:10,174 Speaker 1: case happening behind closed doors. But now we've heard that 261 00:15:10,254 --> 00:15:14,054 Speaker 1: the TV show Successions finale, which aired back in May 262 00:15:14,134 --> 00:15:17,934 Speaker 1: last year, could have been the catalyst. Matthew Ricketson is 263 00:15:17,934 --> 00:15:21,894 Speaker 1: a former journalist and our professor of Communications Deacon University. Matthew, 264 00:15:21,934 --> 00:15:24,254 Speaker 1: is it true that there are some succession connections to 265 00:15:24,334 --> 00:15:25,974 Speaker 1: this Murdoch family dispute. 266 00:15:26,214 --> 00:15:29,054 Speaker 2: It does appear to be that, and it's a bizarre 267 00:15:29,094 --> 00:15:32,734 Speaker 2: case of life imitating art yet again, in the sense 268 00:15:32,734 --> 00:15:36,814 Speaker 2: that the Succession, the drama about Logan Roy and his family, 269 00:15:37,254 --> 00:15:40,854 Speaker 2: was said to be based on the Murdoch family and 270 00:15:40,934 --> 00:15:44,214 Speaker 2: also another media executive family. Some are Redstone and so 271 00:15:44,334 --> 00:15:46,974 Speaker 2: on in the US, but big chunks of the Murdoch 272 00:15:47,174 --> 00:15:52,094 Speaker 2: media family history and dynamics. When Rupert Murdoch separated from 273 00:15:52,134 --> 00:15:57,334 Speaker 2: his fourth wife, Jerry Hall, part of the divorce arrangements 274 00:15:57,374 --> 00:16:00,054 Speaker 2: were that she was not allowed to talk to the 275 00:16:00,054 --> 00:16:04,134 Speaker 2: scriptwriters of Succession and give them any kind of ideas 276 00:16:04,174 --> 00:16:06,934 Speaker 2: for future episode. Now, that was reported in Vanity Fair. 277 00:16:07,094 --> 00:16:10,054 Speaker 2: When Rupert Murdock had his ninetieth birthday apparent le they 278 00:16:10,414 --> 00:16:14,774 Speaker 2: played the Succession that very singular Succession theme music when 279 00:16:14,814 --> 00:16:17,894 Speaker 2: he entered the room. So the family kind of been 280 00:16:17,934 --> 00:16:21,054 Speaker 2: going backwards and forest life art life art and so on. 281 00:16:21,174 --> 00:16:23,814 Speaker 2: And now what's happened here, according to the ruling which 282 00:16:23,814 --> 00:16:27,614 Speaker 2: you've mentioned, is that Elizabeth Murdoch, one of three children 283 00:16:27,694 --> 00:16:31,134 Speaker 2: from Rupert Murdoch's second marriage to Anna Murdoch, when she 284 00:16:31,254 --> 00:16:35,454 Speaker 2: saw the episode in the fourth and final season of Succession, 285 00:16:35,454 --> 00:16:38,854 Speaker 2: where Logan Roy, the family patriarch, the kind of Murdoch 286 00:16:39,014 --> 00:16:43,294 Speaker 2: lookalike soundalike, dies, she was galvanized into action and she 287 00:16:43,534 --> 00:16:47,254 Speaker 2: sent through her legal representatives to the family Trust a 288 00:16:47,414 --> 00:16:51,734 Speaker 2: memo called the succession Memo like and that was about, 289 00:16:52,054 --> 00:16:56,614 Speaker 2: how are we going to avoid major problems when our 290 00:16:56,694 --> 00:17:00,294 Speaker 2: father eventually dies, and that's to do with the family Trust. 291 00:17:00,494 --> 00:17:03,934 Speaker 2: So she's trying to stave off that. And then, according 292 00:17:03,934 --> 00:17:06,734 Speaker 2: to the ruling, Lachlan in the middle of last year, 293 00:17:07,054 --> 00:17:10,414 Speaker 2: decides with his father that they're going to put into 294 00:17:10,574 --> 00:17:14,494 Speaker 2: place this scheme whereby they would change the family Trust 295 00:17:14,734 --> 00:17:19,414 Speaker 2: to cement Lachlan's position atop the global media empire that 296 00:17:19,574 --> 00:17:23,254 Speaker 2: is in charge of both the Fox Corporation and News Corporation. 297 00:17:23,814 --> 00:17:27,134 Speaker 2: And the problem with that is that his other three siblings, 298 00:17:27,534 --> 00:17:31,654 Speaker 2: in particular James, think that News Corp. And in particular 299 00:17:31,734 --> 00:17:34,574 Speaker 2: Fox News, is absolutely on the wrong track in terms 300 00:17:34,654 --> 00:17:38,454 Speaker 2: of significant issues such as the need to combat and 301 00:17:38,534 --> 00:17:41,694 Speaker 2: take action against climate change, and also the way in 302 00:17:41,694 --> 00:17:46,014 Speaker 2: which Fox News reported on the baseless allegations after the 303 00:17:46,014 --> 00:17:50,894 Speaker 2: twenty twenty US presidential election that the result had been rigged. 304 00:17:51,214 --> 00:17:54,094 Speaker 2: He actually was involved at this very senior level at 305 00:17:54,134 --> 00:17:57,414 Speaker 2: News Corporation at that time, and he left the company 306 00:17:57,534 --> 00:17:59,694 Speaker 2: because he was just appalled by the way they were 307 00:17:59,734 --> 00:18:00,974 Speaker 2: going about what they were doing. 308 00:18:01,494 --> 00:18:05,374 Speaker 1: So what then Matthew happens if Rupert Murdoch does pass 309 00:18:05,374 --> 00:18:07,334 Speaker 1: away at this point, because with all siblings with an 310 00:18:07,334 --> 00:18:10,694 Speaker 1: equal vote, no one has the final say like Rupert 311 00:18:10,774 --> 00:18:13,934 Speaker 1: Murdock currently does. What does that mean for the companies 312 00:18:14,454 --> 00:18:16,014 Speaker 1: after his passing, Well. 313 00:18:15,894 --> 00:18:18,934 Speaker 2: That's absolutely it. And yes, he is ninety three now. 314 00:18:19,334 --> 00:18:22,014 Speaker 2: His mother lived until she was one hundred and three, 315 00:18:22,254 --> 00:18:25,654 Speaker 2: so genetically that's on his side. But you know, he 316 00:18:25,774 --> 00:18:30,054 Speaker 2: is old, he is getting frail, and he will eventually 317 00:18:30,174 --> 00:18:33,654 Speaker 2: pass away. He has four votes in the family Trust. 318 00:18:33,974 --> 00:18:37,534 Speaker 2: His four children from his first two marriages have four, 319 00:18:38,014 --> 00:18:40,774 Speaker 2: so they're equally balanced, which gives him the power he 320 00:18:40,854 --> 00:18:44,254 Speaker 2: goes those votes go, and then it's a question of 321 00:18:44,734 --> 00:18:46,134 Speaker 2: you can get a two to two split, or you 322 00:18:46,134 --> 00:18:47,694 Speaker 2: can get a one to three split, or you can 323 00:18:47,734 --> 00:18:50,894 Speaker 2: get four obviously all in happy alignment. But happy alignment 324 00:18:50,974 --> 00:18:53,374 Speaker 2: appears to be not on our horizon at the moment. 325 00:18:53,414 --> 00:18:56,574 Speaker 2: And what is speculated, and I stress it speculation because 326 00:18:56,774 --> 00:18:59,694 Speaker 2: nobody really knows, is that Lachlan has one vote and 327 00:18:59,774 --> 00:19:04,574 Speaker 2: his three siblings will vote against him and will vote 328 00:19:04,614 --> 00:19:07,534 Speaker 2: to move him on as chief executive and to either 329 00:19:07,574 --> 00:19:09,854 Speaker 2: install one of them or two of them or whatever, 330 00:19:10,294 --> 00:19:13,054 Speaker 2: and or another chief executive. But the Murdock kind of 331 00:19:13,334 --> 00:19:17,614 Speaker 2: genetic strain is to run things yourself. So if against speculation, 332 00:19:17,694 --> 00:19:20,174 Speaker 2: but if James took over, you would think that he 333 00:19:20,214 --> 00:19:24,294 Speaker 2: would alter the editorial course of the company, which leans 334 00:19:24,334 --> 00:19:26,854 Speaker 2: and has leaned for quite some time hard to the right. 335 00:19:27,174 --> 00:19:29,814 Speaker 2: And I am by no means the only commentator who 336 00:19:29,814 --> 00:19:32,694 Speaker 2: has said that Fox News has for a good number 337 00:19:32,734 --> 00:19:36,734 Speaker 2: of years now not been engaging primarily as a journalistic outfit, 338 00:19:36,934 --> 00:19:40,374 Speaker 2: but as the propaganda arm of the Republican Party in 339 00:19:40,414 --> 00:19:44,214 Speaker 2: the United States, in particular the Republican Party which has 340 00:19:44,214 --> 00:19:47,214 Speaker 2: now become the kind of Trump Party, and all but name, 341 00:19:47,574 --> 00:19:50,854 Speaker 2: and again, the kind of consequences of that spin out 342 00:19:51,014 --> 00:19:52,094 Speaker 2: quite far and wide. 343 00:19:52,494 --> 00:19:54,854 Speaker 1: You mentioned there, the best ringside seats will be the 344 00:19:54,974 --> 00:19:57,854 Speaker 1: Murdoch family Christmas this year. I mean, James and Rupert 345 00:19:57,854 --> 00:19:59,694 Speaker 1: have been on the utter for quite some time. Obviously, 346 00:19:59,774 --> 00:20:03,574 Speaker 1: Lachlin and Rupert are very close, but Prue and Elizabeth 347 00:20:03,574 --> 00:20:05,974 Speaker 1: have always seemed quite close to Rupert too. Does this 348 00:20:06,054 --> 00:20:08,614 Speaker 1: look like a real major family fracture or can they 349 00:20:08,694 --> 00:20:11,134 Speaker 1: keep business and person all separate in the Murdoch family. 350 00:20:11,574 --> 00:20:14,254 Speaker 2: Who knows? I mean, Prue is the daughter of the 351 00:20:14,294 --> 00:20:17,814 Speaker 2: first marriage, and she's never been particularly involved in the business. 352 00:20:18,294 --> 00:20:21,614 Speaker 2: She is, according to the various biographies and so on 353 00:20:21,694 --> 00:20:25,254 Speaker 2: that I've read, has some kind of relationship with her father. 354 00:20:25,574 --> 00:20:28,934 Speaker 2: Elizabeth has made her own way as a business person, 355 00:20:28,974 --> 00:20:32,574 Speaker 2: particularly in the media, more so in entertainment and in 356 00:20:32,854 --> 00:20:35,694 Speaker 2: making reality television programs and so on, but has been 357 00:20:35,734 --> 00:20:39,134 Speaker 2: a successful business person in her own right. James is 358 00:20:39,134 --> 00:20:42,134 Speaker 2: the one with the harder kind of political and ideological edge, 359 00:20:42,174 --> 00:20:44,694 Speaker 2: if you like, I should say that those siblings, the 360 00:20:44,894 --> 00:20:48,174 Speaker 2: three siblings did put out a statement which said basically, 361 00:20:48,254 --> 00:20:50,534 Speaker 2: they didn't say they hope Christmas will be fine, but 362 00:20:50,574 --> 00:20:52,734 Speaker 2: they said we hope, you know, we can put this 363 00:20:52,814 --> 00:20:56,654 Speaker 2: all behind us. But those fairly fragile words are kind 364 00:20:56,654 --> 00:20:59,534 Speaker 2: of lined up against what looks like a tidal wave 365 00:20:59,614 --> 00:21:03,694 Speaker 2: of angst and in fighting and power grabbing and over 366 00:21:03,774 --> 00:21:07,174 Speaker 2: money and power and wealth and influence. So again, I 367 00:21:07,174 --> 00:21:11,054 Speaker 2: wouldn't want to be well to be at the Christmas dinner, 368 00:21:11,094 --> 00:21:14,494 Speaker 2: but only appealing to my own base voyeuristic againstincts. 369 00:21:16,174 --> 00:21:18,934 Speaker 1: This ruling ensures that the future of the Murdock Empire 370 00:21:18,974 --> 00:21:22,174 Speaker 1: remains a family affair for now, with all four siblings 371 00:21:22,214 --> 00:21:24,214 Speaker 1: maintaining their equals say in the direction of one of 372 00:21:24,214 --> 00:21:27,854 Speaker 1: the world's most powerful media conglomerates. And as this real 373 00:21:27,894 --> 00:21:31,854 Speaker 1: life succession drama continues to unfold, the media industry watches 374 00:21:31,934 --> 00:21:35,414 Speaker 1: closely to see how this power sharing arrangement will shape 375 00:21:35,414 --> 00:21:39,134 Speaker 1: the future of news and entertainment globally. Thanks for taking 376 00:21:39,174 --> 00:21:40,694 Speaker 1: the time to feed your mind with us today. The 377 00:21:40,734 --> 00:21:43,694 Speaker 1: quickie is produced by me Claire Murphy and our executive 378 00:21:43,734 --> 00:21:46,974 Speaker 1: producer Taylor Strano, with audio production by Teag and Sad Love.