Succession mirrors reality – and how the drama helped save Foxtel
In this excerpt of The Weekend Mumbo, Calum Jaspan looks at how a fictional family has helped transform the Murdoch-owned Foxtel.
What a couple of days in media.
This week saw the ‘defamation trial of the decade’ almost kick off in America. Much to the chagrin and deep disappointment of media watchers across the globe, the hugely anticipated and juicy event remained an ‘almost’ as the trial was called off just as the jury had taken their seats on Tuesday.
Fox Corp and its news company, Fox News, salvaged what face it had by settling at the eleventh hour and therefore avoiding its 92-year-old chairman, Rupert Murdoch, being cross examined by Dominion Voting System’s lawyers. The face-saver only cost Murdoch’s company a mere US$787.5 million (A$1.17 billion) to settle.
