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2 clusters · 4 sources · 3 days · First seen · Last updated
Fox Corporation corporate and legal developments
Overview
Fox Corporation is currently navigating significant corporate developments involving executive compensation, a major acquisition, and ongoing legal challenges.
CEO Lachlan Murdoch’s total compensation for fiscal year 2026 was reported at $31.02 million, a decrease from the previous year’s $33 million. This disclosure occurs as the company pursues a proposed $22 billion acquisition of Roku, a deal currently under review by the Department of Justice.
Simultaneously, the company faces legal pressure from shareholders. A Delaware judge has ordered Fox Corp. to release hundreds of documents in a lawsuit targeting Rupert Murdoch, Lachlan Murdoch, and other executives. The litigation aims to hold leadership accountable for a business model linked to various scandals and costly legal settlements, including an $800 million agreement with Dominion Voting Systems and an ongoing $2.7 billion defamation case involving Smartmatic USA.
Entities
Lachlan Murdoch · Department of Justice · Fox Corp. · Dominion Voting Systems · Fox Corporation
Timeline
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8 days ago
[BUSINESS] 2 sourcesFox Corp. ordered to release documents in shareholder lawsuitA Delaware judge ordered Fox Corp. to hand over hundreds of documents in a shareholder lawsuit targeting Rupert Murdoch and executives over repeated corporate scandals and costly litigation.
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10 days ago
[BUSINESS] 2 sourcesLachlan Murdoch's Fox Corp compensation falls to $31 millionFox Corporation CEO Lachlan Murdoch’s fiscal 2026 compensation fell to $31 million from $33 million the previous year, amid the company’s pending $22 billion attempt to acquire Roku.
Sources
deadline.com · europesays.com · nprinternedition.org · thewrap.com