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Prodigal son gets key role in Murdoch empire


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Rupert Murdoch's prodigal son is back, with key roles in the family's media entertainment empire in what appears to be a succession plan for the 83-year-old tycoon. Lachlan Murdoch, 42, was named Wednesday as non-executive chairman at News Corp. and 21st Century Fox, the companies created when his father's conglomerate was split into publishing and entertainment arms. Murdoch also promoted another of his sons, 41-year-old James, to be co-chief operating officer of 21st Century Fox. He is a member of the board of News Corp.

 

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