By Noel Wauchope

There is nothing either good or bad, but only thinking makes it so.

Shakespeare’s profound idea applies to that recent legal case, about the Murdoch Family Trust, in the Probate Court in Nevada.

The 93-year-old Rupert Murdoch sought to change the existing “irrevocable trust” which is to govern the arrangements of his media empire, after his death. The issue was that the trust should be in “the best interests” of the Murdoch children.

Rupert Murdoch argued that after his death, his children would benefit best if control of his media empire were to be changed from the existing trust arrangement which gives control to four of his children – Lachlan, Elizabeth, James and Prudence. Murdoch wanted that changed to control by only eldest son Lachlan. The other three disagreed, and took the case to court.

Rupert Murdoch’s given reason was that the whole media enterprise would thus be more profitable – so all four children would get more money. That way, Elizabeth, James, and Prudence would not have control, but would be richer, and this would be “in their best interest”. Under the present unchanged “irrevocable” trust arrangement, they would share the control with Lachlan, but they would be less rich.

Many commentators are arguing that Rupert Murdoch’s real goal is power and influence – so that is why he wanted the very right-wing Lachlan to be in charge of the media show. Perhaps this is true.

The case was heard in a secret court, but the core of Rupert Murdoch’s argument was that the children’s monetary gain was in their best interest, rather than them having any control of the media and its content.

Apparently the three did not think so, and neither did Commissioner Edmund J Gorman, who ruled in the children’s favour, concluding that Murdoch and his son Lachlan, had acted in “bad faith”, in a “carefully crafted charade”.

Lachlan shares the same right-wing views as his father does, even more so,- while Elizabeth, James and Prudence are reported as having more moderate views. Murdoch has controlling interests in Fox News and News Corp , the Wall Street Journal, in the UK the Times and the Sun, the Australian and others. Apparently it is assumed by all, that the media empire will continue its current record profits only under Lachlan’s leadership. In 2023–24 the Fox Corporation’s net income was US$1.5 billion (A$2.35 billion).

This case raises the question – what is the purpose of the news media?

According to the Murdoch argument, the purpose is to enrich the owners of the media. That would include all the shareholders, too, I guess. The means by which this is done is to provide entertainment and information to the public. And this is central to Rupert Murdoch’s stated argument.

Some people, including many journalists, and perhaps the Murdoch children, might see the informational role of the news media as its main purpose, with excessive profitability as a secondary concern.

Apparently Elizabeth, James and Prudence preferred to have some control in the media empire, even if that meant less money for them. They thought that “having a say” in the business was in their best interest. It is possible that they might take some pride in news journalism that would be more accurate and balanced than the Murdoch media is now.

Only thinking makes it so.

The best example of “Murdoch media thinking” – is in its coverage of climate change. For decades, the Murdoch view was pretty much climate denialism – climate concern seen as a “cult of the elite” and the “effects of global warming have so far proved largely benign”. But more recently, this view was moderated, towards concern that some action should be taken to limit global warming – coinciding with the new right-wing push for nuclear power as the solution to climate change.

That Murdoch interpretation contradicts the view of thousands of scientists, yet is welcomed by the fossil fuel industries, the nuclear industry, and the right-wing governments that they support. Similarly, the Murdoch media’s view on international politics generally favours military action that the USA supports – on Ukraine’s side, by Israel, and now in Syria. All this is seen to be good – by the USA weapons manufacturers and salesmen, US and UK politicians, and presumably by the public.

In the USA, Murdoch media has a powerful influence, supported by the big corporations, and the right wing in general, and by the Trump publicity machine, but it does have some competition from other right wing outlets like Breitbart and the Daily Wire, and in talk radio, and blogs. It has lost some influence in the UK, following its phone hacking scandal in 2011.

In Australia, Murdoch media is far more pervasive, and has been described as a virtual monopoly – with the only national newspaper, newspapers in each state, (often the only newspaper), and News Corp controls radio and television in Australia through a number of assets.

So – what now, after this remarkable probate court decision?

Commissioner Gorman’s recommendation could still be rejected by a district judge. Murdoch’s lawyers can appeal the decision. Even if the decision is finally upheld, it will be a complicated process to rearrange the control of the media in the event of Rupert Murdoch’s death – and that might not happen for a decade or more. News Corp has a dual-class share structure which gives the family 41% of company votes, despite having just 14% of an overall stake in the company. Shareholders might change this arrangement.

In the meantime – fertile ground for endless speculation on what it all might mean – for the share price, for the future direction of the media, for the Murdoch family relationships.

Only thinking makes it so

Some see this legal decision as such a blow to the Murdoch empire – leading to its fatal collapse. And that thought can be viewed as a bad outcome. Even if Rupert Murdoch overturns the decision on appeal, it might have dealt a big blow to the empire.

Some welcome it, visualising a change in direction, with a more progressive media, directed by the three siblings with their more moderate opinions. For Australians who don’t like Donald Trump, and fear a Peter Dutton election win in 2025, well, it really doesn’t matter much. For the foreseeable future, the political right-wing is still hanging on to its grip on news and information across this continent, thanks to the Murdoch empire.