News Corporation resolves Murdoch family trust dispute

The News Corporation stated in an email statement that the Murdoch family trust has reached a settlement in all lawsuits, paving the way for Lachlan Murdoch to long-term control the company. A new trust has been created for Lachlan, Grace, and Chloe Murdoch. Prudence MacLeod, Elizabeth, and James Murdoch are no longer beneficiaries.