Murdoch senior succeeds son as New York Post publisher

��pk10

by Daniel Farey-Jones

August 03, 2005

How long?

1 minute

Murdoch senior succeeds son as New York Post publisher

LONDON - Rupert Murdoch has rolled back the years by reprising one of his old roles as publisher of the New York Post -- the position his son Lachlan is vacating after deciding to resign his executive role at his father's company.

The mogul was publisher of the New York Post from 1976 to 1986 as he built up his empire from its Australian newspaper roots.

Now 74, he is taking back the job in which Lachlan has been widely praised for bucking the trend in the newspaper industry and growing the New York Post's circulation.

Father and son are understood to be in conflict, with Lachlan unhappy about his power being undermined and also opposed to his father's moves to dilute his oldest childrens' inheritance by transferring some of the 29.5% voting shares to his two young children from his marriage to Wendi Deng.

The two are officially due to swap the role at the end of August, the date Lachlan set for resigning as News Corporation deputy chief operating officer.

If you have an opinion on this or any other issue raised on Brand Republic, join the debate in the .

Topics