The battle over the global media empire has far-reaching implications, as it encompasses the Wall Street Journal and the New York Post, as well as numerous print and media outlets in Australia and the UK.

Thanks to billionaire Rupert Murdoch’s outsize personality, his vast sway within the news industry and his role as a kingmaker in conservative politics, there’s long been heightened interest in his megadeals,

Rupert Murdoch, owner of Fox news and the Wall Street Journal, is fighting to change his trust and give son Lachlan full control of media empire.