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Speaker 1: My name is Lily Maddon and I'm a proud Arunda

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Speaker 1: Bunjelung Calcoltin woman from Gadighl Country. The Daily oz acknowledges

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Speaker 1: that this podcast is recorded on the lands of the

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Speaker 1: Gadighl people and pays respect to all Aboriginal and Torres

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Speaker 1: Strait Island and nations. We pay our respects to the

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Speaker 1: first peoples of these countries, both past and present.

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Speaker 2: Good morning and welcome to the Daily os. It's Monday,

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Speaker 2: the twenty fifth of September. I'm Sam, i'm Zara. Succession

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Speaker 2: is playing out in real life. After Rupert Murdoch steps

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Speaker 2: down as chairman of Newscorps and Fox Corporation, the end

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Speaker 2: of an era and an historic succession unfolding.

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Speaker 1: It's been a long awaited question of what his plans

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Speaker 1: were for the future, what his succession plan was.

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Speaker 2: This is a big news today. In today's Date Dive,

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Speaker 2: we're going to look at what this means for the

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Speaker 2: Murdoch media empire and who's been chosen as Rupert's successor.

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Speaker 2: But first here's what's making headlines this morning. An Australian

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Speaker 2: woman has accused British comedian Russell Brand of indecent exposure

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Speaker 2: whilst she was working in a space shared with the

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Speaker 2: BBC that was Brand's employer at the time. In La

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Speaker 2: The allegations were aired on nine to sixty Minutes program,

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Speaker 2: where the woman also alleged Brand later talks about the

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Speaker 2: incident on his radio show. Brand has denied all the allegations.

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Speaker 3: Starbucks has paid over four point five million dollars in

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Speaker 3: unpaid wages to over two thy four hundred current and

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Speaker 3: former Australian employees. Staff from stores in Sydney, Melbourne, Brisbane

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Speaker 3: and the Gold Coast were underpaid from twenty fourteen to

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Speaker 3: twenty twenty. Starbucks became aware of the issue in twenty

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Speaker 3: twenty and reported the issue themselves to Australia's Workplace Relations Regulator.

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Speaker 2: And both the NRL and AFL Men's Grand Finals are

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Speaker 2: set after a weekend of exciting preliminary finals, with Penrith

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Speaker 2: and Brisbane facing off in the NRL Decider and Collingwood

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Speaker 2: and Brisbane playing in the AFL's edition. The AFL Grand

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Speaker 2: Final will be played in Melbourne on Saturday afternoon and

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Speaker 2: the NURL will follow in Sydney on Sunday.

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Speaker 3: And The Good News Brazil Supreme Court has ruled in

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Speaker 3: favor of Indigenous land rights in what is being labeled

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Speaker 3: as a historic win. An Indigenous congresswoman said, this is

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Speaker 3: a victory for struggle, a victory for rights, and a

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Speaker 3: victory for our history.

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Speaker 2: Rupert Murdock, at the ripe old age of ninety two,

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Speaker 2: has announced he's stepping down as chairman of Fox Corporation

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Speaker 2: and News Corp after almost seventy years in the media.

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Speaker 2: Rupert Murdoch's son Lachlan will become the sole chair of

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Speaker 2: News Corp and continue as the CEO of Fox Corporation.

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Speaker 3: I do think it's worth saying before we jump into

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Speaker 3: this deep dive, Sam, that obviously you and I are

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Speaker 3: very interested in this story, more so than the average

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Speaker 3: person would be, as people in the media, working in

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Speaker 3: the media, looking at the media, studying the media. But

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Speaker 3: I do think that this is a story that everyone

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Speaker 3: should care about, at least everyone in this country. Well,

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Speaker 3: I think that there is something in this country that

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Speaker 3: is the fact that we have really significant media concentration.

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Speaker 3: And what I mean by that is that basically two

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Speaker 3: companies own most of our entire media market. One of

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Speaker 3: those two is Rupert Murdoch's News Corp. And the other

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Speaker 3: is Channel nine. And so I mean, I don't think

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Speaker 3: there's any I would argue any other company that we'd

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Speaker 3: spend a whole podcast talking about a chairman stepping down

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Speaker 3: from that would be of interest to people. But so

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Speaker 3: much of the information we get, so much of what

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Speaker 3: we are told and what we hear about the news

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Speaker 3: and understand about the news directly comes from the decisions

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Speaker 3: made by someone like Rupert Murdoch and ultimately now Lachlan Murdock.

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Speaker 3: So I do think that, you know, all success and

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Speaker 3: jokes aside, it is really important to actually pay attention

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Speaker 3: to who's at the top and what decisions are going

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Speaker 3: to be made as a result of that.

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Speaker 2: And before we jump in, I think the other thing

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Speaker 2: I'd add to that, Zara, is that this is not

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Speaker 2: an Australian story. This is an international story, and the

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Speaker 2: Murdoch Empire stretches to almost every corner of the globe,

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Speaker 2: So when we're talking through the changing leadership of that company,

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Speaker 2: it's a global issue.

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Speaker 3: It is, and I think we've done enough of a

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Speaker 3: preamble without actually introducing the main characters of this story.

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Speaker 3: So Sam, for someone that hasn't perhaps read as many

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Speaker 3: biographies as you or I have. Can you just explain

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Speaker 3: who Rupert Murdoch is and what he has created with

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Speaker 3: News and Fox Corps.

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Speaker 2: Well, quite simply, he's one of the most influential media

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Speaker 2: figures in the world, ruggled the most. Yeah, and there's

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Speaker 2: a reason why you and I have read so many

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Speaker 2: books about him. And he's one of also then the

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Speaker 2: richest men in the world. But a lot of people

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Speaker 2: think that the Murdoch Empire started with him, But he

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Speaker 2: did have a bit of a head start in life.

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Speaker 2: He inherited an Adelaide newspaper from his father in the

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Speaker 2: nineteen fifties, but then Rupert went on to establish a

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Speaker 2: multimedia empire. It spanned across newspapers, films, book publishing and

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Speaker 2: TV news. If Rupert Murdoch is not the most powerful

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Speaker 2: media mogul in the world, he would like very much

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Speaker 2: to be. And the kind of jewels in Rupert Murdoch's

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Speaker 2: crown has been both NewsCorp and Fox Corporation, which are

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Speaker 2: both owned still by the Murdoch family. Now, as he

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Speaker 2: said Zara, NewsCorp owns a massive chunk of Australian media.

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Speaker 2: It includes The Australian, It includes the Daily Telegraph, The

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Speaker 2: Herald's Son. It also owns Sky News and news dot

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Speaker 2: Com toda U, which I'm sure a lot of listeners

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Speaker 2: would be very familiar with their massive publication.

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Speaker 3: The most read news website in the country.

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Speaker 2: Exactly right. And in his personal life, Murdoch has been

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Speaker 2: married and divorced four times and he now has six

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Speaker 2: kids and thirteen grandchildren.

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Speaker 3: And I think you've ended on the note of his

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Speaker 3: kids and grandkids, not because we're totally invested in Rupert

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Speaker 3: Murdock's personal life, but because on a public stage there

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Speaker 3: has been this very clear kind of succession plan that

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Speaker 3: has played out that involves Rupert Murdoch's children.

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Speaker 1: Yeah.

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Speaker 2: I mean that's where the parallels with the TV show

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Speaker 2: become particularly strong.

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Speaker 3: So today we're going to speak specifically about Lachlan Murdoch,

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Speaker 3: who is now the heir apparent to the Murdoch dynasty.

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Speaker 3: He's really a fascinating character. Tell me what we know

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Speaker 3: about him.

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Speaker 2: So he's the third oldest of Murdoch's children, but he

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Speaker 2: is the oldest son and he got his first job

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Speaker 2: in the family business when he was eighteen and he

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Speaker 2: was running his first newspaper by his early twenties, and

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Speaker 2: by thirty four he was one of the most powerful

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Speaker 2: executives in News Corp until he unexpectedly stepped aside in

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Speaker 2: two thousand and five to pursue ventures outside the company.

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Speaker 2: He did, though, return to News Corp in twenty fourteen,

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Speaker 2: and then in twenty nineteen there was a big sell

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Speaker 2: off of some of the Murdock media empire, so twenty

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Speaker 2: first Century Fox sold to Disney and from then Lachlan

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Speaker 2: was named Chairman and CEO of Fox Corporation. And this

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Speaker 2: was the first real clear indication from Rupert Murdoch that

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Speaker 2: his desire was really concrete in wanting Lachlan to be

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Speaker 2: his successor, and so up until this announcement on Friday,

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Speaker 2: Lachlan Murdoch was the co chairman of News Corp alongside

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Speaker 2: his dad and CEO of Fox Corporation. Now, though he'll

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Speaker 2: be the sole chairman of News Corp, and he'll still

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Speaker 2: continue as the chair and CEO of Fox Corporation. On

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Speaker 2: the Australian side of the business, he still does have

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Speaker 2: some roles and responsibilities. He's the executive chairman of Nova Entertainment,

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Speaker 2: which is the company behind Nova radio stations and podcasts

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Speaker 2: as well as Smooth FM.

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Speaker 3: And so Lachlan has been chosen to take over the

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Speaker 3: family business. But you said that there were other siblings,

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Speaker 3: what do we know about them?

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Speaker 2: So there were two other of Rupert's children who were

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Speaker 2: in the running for this top position. That's Elizabeth and James.

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Speaker 2: But there are actually four children that will share jointly

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Speaker 2: in the family stake of the business when Rupert dies.

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Speaker 2: There's an older sister. Her name's Prudence. But it's been

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Speaker 2: clear in the last ten years that Lachlan was the

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Speaker 2: front runner. The only potential challenger to Lochlan was James Murdoch.

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Speaker 2: James had been the favorite heir for some time, but

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Speaker 2: then he resigned from the board in twenty twenty over

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Speaker 2: political differences, and definitely, at least since then, it really

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Speaker 2: does feel like Rupert has done whatever he can to

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Speaker 2: ensure that Lochlan is locked in as his successor. But

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Speaker 2: this isn't the last we've heard of Rupert Murdoch. He

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Speaker 2: still will remain on the scene somewhat. He's got a

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Speaker 2: position called Chairman Emeritus, and he's told employees he's optimistic

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Speaker 2: about future years and he plans to participate in them

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Speaker 2: and the continued growth of the company. He said he'll

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Speaker 2: be watching all their broadcasts with the critical eye, reading

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Speaker 2: their newspapers, websites and books with much interest, and reaching

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Speaker 2: out with thoughts, ideas and advice.

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Speaker 3: I think if we take a step back, the Murdocks

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Speaker 3: are very clearly responsible for making a lot of the

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Speaker 3: news that we consume. But they've also had a bit

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Speaker 3: of a tendency to be part of that new cycle themselves.

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Speaker 2: Right, Yeah, And they've had this continuous stream of scandals

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Speaker 2: at least over the last two decades. The most recent

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Speaker 2: scandal for Rupert Murdoch and News Corp. Was when Rupert admitted,

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Speaker 2: host on Fox News, actually endorsed false claims that the

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Speaker 2: result of the twenty twenty US presidential election was illegitimate.

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Speaker 2: And this was an admission that Murdoch made under oath

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Speaker 2: in a defamation trial. And just quickly, this trial was

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Speaker 2: between Dominion, which was a company that made voting machines,

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Speaker 2: and they were suing Fox for one point six billion

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Speaker 2: US dollars in damages over these claims that the network

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Speaker 2: knowingly broadcast the false claims about their machines and that

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Speaker 2: their machines changed votes to favor Joe Biden, and that

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Speaker 2: the company had paid officials to participate in this fraud.

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Speaker 2: So they filed this lawsuit in twenty twenty one, and

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Speaker 2: they claimed that Fox executives and hosts actually knew that

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Speaker 2: the claims were not true, but they chose to put

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Speaker 2: them on the air and broadcast them anyway because they

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Speaker 2: didn't want to lose ratings and anger their base of

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Speaker 2: Trump supporters. In court, Rupert Murdoch defended the broadcasting of

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Speaker 2: the claims as reporting the news, but he did acknowledge

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Speaker 2: that some of the network's hosts had endorsed the claims.

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Speaker 2: Murdoch said later that he could have intervened to stop this,

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Speaker 2: but he didn't. Now this trial didn't go all the

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Speaker 2: way to a decision. The parties ended up settling for

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Speaker 2: seven hundred and eighty seven million US dollars and the

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Speaker 2: case never did go to trial.

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Speaker 3: So that was all playing out in the US. But

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Speaker 3: then closer to home, the Murdocks were also in the

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Speaker 3: news this year because Lochlan Murdock food an independent publisher

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Speaker 3: here in Australia called Crikee.

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Speaker 2: Yeah, and this is how Lachlan has made his way

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Speaker 2: onto other news sites like The Daily Ohs for example,

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Speaker 2: over the last twelve months, and where listeners might be

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Speaker 2: familiar with us mentioning his name. This case is all

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Speaker 2: about claims that Criche, which is an independent Australian media outlet,

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Speaker 2: made about the role of the Murdocks and Murdoch owned

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Speaker 2: media in the US Capitol riots, which were on the

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Speaker 2: sixth of January twenty twenty one. That case has now

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Speaker 2: ended and Lachlan was ordered to pay the legal costs

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Speaker 2: for the site when he drops the case. But when

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Speaker 2: he dropped the case, his lawyer said Murdoch was confident

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Speaker 2: that the court would rule in his favor, but he

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Speaker 2: decided to drop it as he didn't want to facilitate

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Speaker 2: a marketing campaign designed to attract subscribers and boost Criikee's profits.

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Speaker 3: Sam I think the note I want to end on

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Speaker 3: is probably one that a lot of people who watch

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Speaker 3: media or in media thinking, which is Rubert Murdoch has

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Speaker 3: been known and it's been well documented that he is

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Speaker 3: a conservative leaning individual and that you know, his companies

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Speaker 3: that sit under News Corp and Fox Court have embodied

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Speaker 3: some parts of this, certainly in their coverage on certain

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Speaker 3: issues and that he's played a really big role in

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Speaker 3: shaping that. What we do know, at least from you know,

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Speaker 3: some of the reporting about Lachlan Murdock in the way

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Speaker 3: that he runs organisations, is that it will be a

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Speaker 3: similar story with him, that politically the two see eye

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Speaker 3: to eye on most issues, and that we wouldn't expect

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Speaker 3: a big departure in any way from what we've seen

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Speaker 3: from NewsCorp and Fox Corp over the past few decades.

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Speaker 2: A fascinating time for media, and a fascinating times are

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Speaker 2: a fast to be in the media. It's really interesting

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Speaker 2: to see a changing landscape.

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Speaker 3: It is, and it's also a good reminder to support

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Speaker 3: independent media.

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Speaker 2: Now good and you can do that by you know,

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Speaker 2: engaging with our podcast on whatever app you're listening to.

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Speaker 2: You can ask a question. If you're on Spotify, you

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Speaker 2: can send it to a friend, put it on your

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Speaker 2: Instagram story. We love all the support and we'll keep

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Speaker 2: doing our thing if you keep doing yours. We'll be

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Speaker 2: back again tomorrow. Until then, have a great start to

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Speaker 2: the week.