Lachlan Murdoch

Investment Partner , Angel

Overview

Gender
male
Investor Type
Investment Partner,Angel
Investor Stage
Seed

Lachlan K. Murdoch is Executive Chairman of the Board of Directors at 21st Century Fox, the world’s premier portfolio of cable, broadcast, film, pay-TV and satellite assets. From 2014 to 2015, he served as the Company’s Co-Chairman of the Board of Directors.

Lachlan has spent the past two decades building, operating and investing in many of the world’s most prominent television and publishing businesses and also currently serves as Co-Chairman of News Corp, Executive Chairman of NOVA Entertainment and Executive Chairman of Illyria Pty Ltd.

Lachlan is a Director of Sydney's Museum of Contemporary Art and a Trustee of the Commando Welfare Trust.

Lachlan previously served as Non-Executive Chairman of the Board of Directors Ten Network Holdings.

Prior to his current role, Lachlan has served as Co-Chairman of the Board of Directors at 21st Century Fox beginning in March 2014 and has served the Company as a Member of the Board of Directors since 1996, as well as in a number of senior executive roles from 1994-2005.

From 2000 – 2005, Lachlan served as Deputy Chief Operating Officer of 21st Century Fox (previously known as News Corporation), a role in which he was directly responsible for the Company’s U.S. television stations group and publishing assets.

As part of his duties as Deputy Chief Operating Officer, Lachlan was Chairman of the Board of Directors at Fox Television Stations (FTS) and Publisher of the New York Post and also oversaw HarperCollins and the Company’s lines of business in Australia, including REA, Australia’s leading online real estate business. Lachlan led the Company’s purchase of a controlling stake in REA, which began with an approximate $1 million cash investment and resulted in a corporate asset that is currently valued at more than $3 billion.

At FTS, Lachlan oversaw the Company’s 35 owned-and-operated television stations, where he raised the bar on local news coverage across the nation, increasing the total number of local news hours across the group to more than 850 per week.

At the New York Post, Lachlan overhauled the tabloid and grew its circulation by more than 40 percent. During his tenure, the Post became the nation’s fastest-growing newspaper and the seventh largest in the United States.

In 2005, Lachlan founded Illyria Pty, a successful private investment company. In 2009, Illyria acquired 50 percent of DMG Radio, a network of radio stations, which later expanded to include pay television assets and was renamed NOVA Entertainment. After Lachlan became its Chairman of the Board of Directors in 2009, NOVA grew exponentially, nearly doubling in value during the first three years of his tenure, while its EBITDA rose more than threefold from $16M in 2009 to $52M in 2014. In 2012, Illyria purchased the remaining 50 percent and under Lachlan’s leadership, NOVA Entertainment became Australia’s leading network of FM stations.

Lachlan holds a B.A. from Princeton University.

Personal Investments

Number of Investments
2
Lachlan Murdoch has made 2 investments. Their most recent investment was on Nov 26, 2013, when ROKT raised $8M.
Date Company Name Round Money Raised Industry
Jun 12, 2017 ROKT Series B $26M B2B Detail
Nov 26, 2013 ROKT Series A $8M B2B Detail

Jobs

Number of Current Jobs
1
Lachlan Murdoch has 1 current jobs including Non-Executive Co-Chairman of the Board of Directors at News Corp , .
Organization Name Title At Company Start Date End Date
News Corp Non-Executive Co-Chairman of the Board of Directors Mar 1, 2014 Detail