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Back in 2017, when Rupert Murdoch and Bob Iger met in Bel Air for the conversation that would ultimately beget the $71.3 billion sale of Fox’s entertainment assets to Disney—the famed “wine summit” now enshrined in the annals of media M&A history—Murdoch betrayed a candid and unsparing assessment of his sons Lachlan and James, both of whom had long been vying to inherit their father’s throne. According to two sources, the then-86-year-old media baron told Iger, in no uncertain terms, that neither Lachlan nor James was really capable of running the business without him.