When his sister Elizabeth set up her production company upon leaving News Group's BSkyB, which as now was then also run as a family company, she left with a contract from BSkyB for her new company. I wonder whether there was a tender to find the best partner for that contract. That company has only just show a profit.
I wonder whether Lachlan Murdoch has secured or has thoughts of securing a contract from News Group for his start up. Helps getting a business up and running if you have the name, the money AND a contract from the family firm.
Of course shareholders will not be asked their opinion.
OAM
See article:
Lachlan Murdoch, who resigned last month from his executive roles at his father Rupert Murdoch's media and entertainment group News Corp, has registered a new company in Australia.
According to a filing with the Australian Securities and Investments Commission, Mr Murdoch started the process of setting up Illyria Pty Ltd on August 3, just three days after announcing his resignation. The company became fully registered on Monday.
See full Article (paid registration required).
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