James Murdoch, the 21st Century Fox chief executive, is planning to strike out on his own if Fox’s pending deal to sell much of the company to Walt Disney Co. closes, most likely by starting a venture-capital fund to invest in digital and international media businesses, according to people familiar with the matter. Lachlan Murdoch, James’s older brother, is expected to become chief executive of the remaining Fox company, so-called New Fox, according to people familiar with the matter.

Source: Wall Street Journal May 09, 2018 00:04 UTC