New Delhi, Sept. 9 -- The Murdoch family's decades-long succession feud has reached its dramatic conclusion, with Rupert Murdoch's eldest son, Lachlan Murdoch, cementing his control over the family's global media empire. The agreement, valued at $3.3 billion, brings an end to years of legal wrangling and personal tensions that have gripped one of the world's most powerful media dynasties.

The deal ensures that the Murdoch empire - which includes Fox News, The Wall Street Journal, The Times of London, and The New York Post - will remain firmly under Lachlan's leadership for decades to come. It also guarantees the continuation of Rupert Murdoch's conservative editorial legacy after his death.

Under the terms of the agreement, Lachlan's th...