Murdoch returns via homevideo

Rupe's eldest invests in Quickflix

Lachlan Murdoch has returned to the media biz, ponying up $490,000 for a 9.6% stake in Australian online DVD firm Quickflix.

It’s the first investment for Rupert Murdoch’s oldest son since he ankled last year as deputy chief operating officer of the family firm, News Corp.

Lachlan Murdoch’s company Illyria purchased the stake in Quickflix, which owns online DVD rental company HomeScreen Entertainment.

He remains a director of News Corp. A contract clause prevents him working as a director, exec or consultant to any company competing directly with the media giant.

More Scene

  • ‘Working Above The Line’ panel, The

    Academy's Third Annual Careers in Film Summit Inspires Young Creatives

    Lachlan Murdoch has returned to the media biz, ponying up $490,000 for a 9.6% stake in Australian online DVD firm Quickflix. It’s the first investment for Rupert Murdoch’s oldest son since he ankled last year as deputy chief operating officer of the family firm, News Corp. Lachlan Murdoch’s company Illyria purchased the stake in Quickflix, […]

  • Oprah Celebrates 'Wisdom of Sundays' With

    Oprah Winfrey Celebrates New Book 'Wisdom of Sundays' With Star-Studded Gospel Brunch

    Lachlan Murdoch has returned to the media biz, ponying up $490,000 for a 9.6% stake in Australian online DVD firm Quickflix. It’s the first investment for Rupert Murdoch’s oldest son since he ankled last year as deputy chief operating officer of the family firm, News Corp. Lachlan Murdoch’s company Illyria purchased the stake in Quickflix, […]

  • Goldie Hawn, Diane Sawyer and Melanie

    James Corden Doesn't Hold Back on Weinstein Jokes at Star-Studded AmfAR Gala L.A.

    Lachlan Murdoch has returned to the media biz, ponying up $490,000 for a 9.6% stake in Australian online DVD firm Quickflix. It’s the first investment for Rupert Murdoch’s oldest son since he ankled last year as deputy chief operating officer of the family firm, News Corp. Lachlan Murdoch’s company Illyria purchased the stake in Quickflix, […]

  • Andy Serkis Student Academy Awards

    Student Academy Awards Honors Winners From New York to China

    Lachlan Murdoch has returned to the media biz, ponying up $490,000 for a 9.6% stake in Australian online DVD firm Quickflix. It’s the first investment for Rupert Murdoch’s oldest son since he ankled last year as deputy chief operating officer of the family firm, News Corp. Lachlan Murdoch’s company Illyria purchased the stake in Quickflix, […]

  • 'Same Kind of Different as Me'

    'Same Kind of Different as Me' Stars: It's a Turning Point for Women in Hollywood

    Lachlan Murdoch has returned to the media biz, ponying up $490,000 for a 9.6% stake in Australian online DVD firm Quickflix. It’s the first investment for Rupert Murdoch’s oldest son since he ankled last year as deputy chief operating officer of the family firm, News Corp. Lachlan Murdoch’s company Illyria purchased the stake in Quickflix, […]

More From Our Brands

Access exclusive content