Lachlan Murdoch Says Family Trust Resolution Gives Fox Strategic Clarity: 'Great News for Investors'

With the Murdoch family trust dispute coming to an end, Lachlan Murdoch said the resolution will give Fox strategic clarity going forward. "It shows that our strategy will be consistent. It's clear and it's very sustainable. So I think it's great news for investors," the chief executive said during an investor conference hosted by Goldman Sachs on Wednesday. "We can be very focused on returning capital to investors, driving our profitability, and really importantly, investing in our core brands and especially in our great journalism." He noted that the company has increased its . . .