Nepotism Can’t Buy You Love

Two of Rupert Murdoch’s many problems are that nobody knows who will take over News Corp when he’s called down by the dark lord and that his daughter runs a media company that he doesn’t own.

In an attempt to solve both problems at one time, News Corp is in the final stages of talks to acquire Elisabeth Murdoch’s European television company Shine Group for somewhere around $700M.  Elisabeth is reported to have the kind of drive that the old man is looking for.  His other kids are getting passed over, though something tells me they can still live comfortably.

LA Times

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