Lachlan Murdoch pulls on his big boy pants to do a ‘Dad’ deal

June 16, 2026 — 3:15pm

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Aged 55, Lachlan Murdoch has finally pulled on his big boy pants. His plans for Fox to spend $US22 billion ($31 billion) to acquire a company of almost equivalent value are a bold and risky strategy to cement his position at the empire’s helm – and one that has already unnerved investors.

It marks the first major move since last year’s resolution of the Murdoch sovereign succession and secession drama, placing Lachlan in charge of the empire and farewelling sibling ownership. It also comes hot on the heels of brother James’ $US300 million deal for a significant chunk of Vox Media last month.

Rupert Murdoch downsized his media empire in 2019 after selling its studio and a chunk of cable assets to Disney. Lachlan appears to have a new mantra: Make Murdochs Great Again.

But the target, Roku, is no cutting-edge tech stock. It is a glorified set-top box content........

© Brisbane Times