Murdoch Signals Return of the Prince

05 October 2006

NEW YORK: Lachlan Murdoch, elder scion of media mogul Rupert, could return to the management suite at US-headquartered News Corporation following his abrupt resignation as deputy chief operating officer last year [WARC News: 01-Aug-05].

The reasons for his departure from the family firm were never officially divulged, but speculation was rife that differences between Lachlan (35) and his father's righthand man Peter Chernin prompted the move back to the clan's Australian roots.

Speaking to the Financial Times newspaper, Murdoch senior now says: "Lachlan might come back. . . There were absolutely no tensions in this building - none - except between him and me. I begged him to stay."

Rupert also played down current press rumors of further dissent in the executive ranks over the role of Fox Television chairman Roger Ailes, who took over many of Lachlan's duties.

Data sourced from Financial Times online; additional content by WARC staff