Family Deadlock Looms for News Corp.

News Corp. could be headed for a deadlock when 77-year-old Rupert Murdoch's heirs take over, the Financial Times writes, based on a reading of Newser founder Michael Wolff's upcoming book, The Man Who Owns the News. An agreement giving equal shares in the Murdoch family’s stake to all 6 of his children, but voting control to the eldest 4, has no provision for breaking ties, Wolff reports. 

“This is not a family that believes it needs legal deadlock provisions," a family friend tells the FT. "They have always been very happy to rely on old-fashioned talking, arguing, shouting, threatening and ultimately compromise to reach consensus.” (More Rupert Murdoch stories.)