Breaking: Lachlan Murdoch resigns from News Corp

Family drama alert! Lachlan Murdoch, son of and heir-apparent to media scion Rupert Murdoch , has resigned his position as deputy COO of the Fox-and-Post-owning News Corp, effective at the end of August. This means that younger brother (and more under-the-radar) James Murdoch, the head of UK stellite outfit BSkyB, is now poised to step into the top spot when the 74-year old Rupert steps down.

According to The Guardian, Rupert was very “saddened” to see Lachlan, 33, go.

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