Lachlan Murdoch (Image: AAP/AP/Evan Agostini/Invision)
Lachlan Murdoch (Image: AAP/AP/Evan Agostini/Invision)

Fox Corporation CEO Lachlan Murdoch has withdrawn his defamation case against Crikey. Murdoch’s lawyer John Churchill issued a statement this morning saying he had filed a notice of discontinuance in the matter.

Private Media issued a statement calling the outcome “a substantial victory for legitimate public interest journalism”.

“We stand by what we published last June,” the statement went on, calling the imputations drawn by Murdoch’s team “ridiculous”.

Churchill maintained that Murdoch “remains confident that the court would ultimately find in his favour, however, he does not wish to further enable Crikey’s use of the court to litigate a case from another jurisdiction that has already been settled and facilitate a marketing campaign designed to attract subscribers and boost their profits”.