SINGAPORE (Sept 17): For 10 weeks every Sunday night between early June and August, American TV viewers seemed hooked on Succession, a drama about a media baron and his dysfunctional family. Logan Roy, the ageing patriarch and owner of Waystar Royco, a global media conglomerate, is not interested in giving up control of his empire even as his children jockey to take the reins. Despite a carefully laid succession plan, tempers flare over Logan’s intentions as Kendall, the eldest son from his second wife and heir apparent and president at one of the firm’s key divisions, plots with a rival conglomerate to take over his dad’s firm. As the drama unfolds, viewers have a sense of déjà vu. In some ways, Succession merges the ongoing saga of the Murdochs, led by patriarch Rupert, who control 21st Century Fox, and the Redstones, who control CBS and Viacom, into a single TV soap opera.

Life indeed imitates art, but if you think the twists and turns of the first season of Succession are fascinating, you probably have not being paying attention to the real-life drama unfolding in the Murdoch and Redstone households and the boardrooms they control.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

Subscribe

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook