Rupert Murdoch might have to bail out his son’s bankrupt Australian channel

SYDNEY — Twelve years ago, Lachlan Murdoch — the eldest son of Australian media magnate Rupert Murdoch — tried to emulate his father’s success in reverse. The younger Murdoch moved back to Australia, hoping to build a media empire as smashingly successful as the one his father made after immigrating to the United States. It […]

Source: http://www.washingtonpost.com/blogs/worldviews/wp/2017/07/15/rupert-murdoch-may-have-to-bail-out-his-sons-bankrupt-australian-channel/