01/14/2020 9:15 am ET • Sunny Hundal; Source / Wikimedia. Why it matters. James Murdoch, son of Fox News founder and conservative media mogul Rupert Murdoch, is planning to invest around $1 billion in media companies—possibly including a liberal-leaning outlet. Murdoch-owned tabloids control nearly 70% of Australia’s newspapers – providing the country’s right-wing political establishment with the space to deny the consequences of climate change. Rupert Murdoch's Son Reveals the Climate Change Disinformation Driving his Family's Media Empire. ‘They are pissing inside the tent’: Rupert Murdoch’s son slams Fox News and his dad’s other climate-denying media. 15 January 2020. CJ Werleman. In particular, Lachlan Murdoch failed to pry its most important voices away from their embrace of the president’s early line: that the virus was not a big threat in the United States. Fox News’ slanted coverage, climate change denial, and now the Australian fires have caused a huge split in the Murdoch family.