Rupert Murdoch, owner of media empire News Corp, is in discussions to acquire the production company owned by his daughter, which some see as an attempt to bring her back into the family-controlled business.
Reports in the financial press say that the Shine Group, founded by Elisabeth Murdoch, had hired JP Morgan Chase to advise on strategy, including being acquired. Murdoch owns 53% of the company's shares, with Sony holding 20% and British Sky Broadcasting holding 13% stake.