The Murdoch family is establishing a new trust that leaves Rupert Murdoch’s oldest son, Lachlan, firmly in control of the family's media empire. In exchange for the agreement, his three other siblings will receive huge payouts and step away from their roles at News Corp and Fox. NBC’s Liz Kreutz reports for TODAY. » Subscribe to TODAY: youtube.com/@TODAY TODAY brings you the latest headlines and expert tips on money, health and parenting. We wake up every morning to give you and your family all you need to start your day. If it matters to you, it matters to us. We are in the people business. Subscribe to our channel for exclusive TODAY archival footage & our original web series. Connect with TODAY Online! Visit TODAY's Website: today.com Find TODAY on Facebook: facebook.com/today Follow TODAY on Twitter: twitter.com/TODAYshow Follow TODAY on Instagram: instagram.com/todayshow » Stream TODAY All Day: today.com/all...