Tuesday, June 23, 2026

Murdochs Skunked: How? Hostile CNBC Breaks Story, Leaving Wall St Journal in Cold

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Now that the shock is settling down, media watchers are wondering: how did CNBC, a liberal news outlet that is hostile to the Murdoch empire break the story of Rupert’s succession and the toppling of his empire?

David Faber of CNBC broke the story before 10am today. This left the Wall Street Journal and New York Post twisting in the wind. In the past, Murdoch has used the WSJ to break his news. Sources say he was clearly skunked. The Post was reduced to using a Reuters report and only posted it very late in the news cycle.

Who could have done such a thing? This is like a Shakespearean drama, with plenty of characters roaming around in the background with their own agendas.

Meantime, it’s clear in hindsight that something else is going on here. Buried in recent reports about the News Corp move to 2 World Trade Center is that James Murdoch, now to be named co CEO with his brother Lachlan, led the way. He was cited yesterday in a piece on VanityFair.com and in other reports, for overseeing the design of the new headquarters.

Still waiting to hear about Elisabeth Murdoch and her role, and what happens to Rebekah Brooks…

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Roger Friedman
Roger Friedman
Roger Friedman is the founder and editor-in-chief of Showbiz411. He wrote the FOX411 column on FoxNews.com from 1999 to 2009, where he covered Michael Jackson, and previously wrote the "Intelligencer" column at New York magazine in the mid-1990s, where he covered the O.J. Simpson trial. He also edited Fame magazine. His bylines have appeared in The New York Times, The Washington Post, the New York Daily News, the New York Post, Vogue, Details, and the Miami Herald. He is a voting member of the Critics Choice Awards (Film and Television branches), and his movie reviews are tracked by Rotten Tomatoes. With D.A. Pennebaker and Chris Hegedus, he co-produced the 2002 documentary "Only the Strong Survive," which screened at Directors' Fortnight at the Cannes Film Festival.

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