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Joe Aston

Will Vicars can’t stop crossing Lachlan Murdoch

The week digital media outlet Crikey (successfully) dared one of the most powerful men on earth to sue it for defamation seemed like an appropriate time to peruse the shareholder register of its publisher, Private Media.

Thanks to the statutory cap on damages in Australia’s defo regime, a courtroom showdown with Lachlan Murdoch won’t be terribly consequential to the value of the disparate equity in Private Media, the largest chunk of which is held by publishing veteran Eric Beecher.

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Joe Aston is the founder of Rampart and the best-selling author of The Chairman’s Lounge: The inside story of how Qantas sold us out. From 2012 to 2023, Joe helmed The Australian Financial Review’s Rear Window column. Email Joe at hello@rampart.news

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    Original URL: https://www.afr.com/rear-window/will-vicars-can-t-stop-crossing-lachlan-murdoch-20220825-p5bcv2