{"id":854652,"date":"2026-08-11T22:24:09","date_gmt":"2026-08-11T22:24:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/854652\/"},"modified":"2026-08-11T22:24:09","modified_gmt":"2026-08-11T22:24:09","slug":"why-family-businesses-lose-control","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/854652\/","title":{"rendered":"Why Family Businesses Lose Control"},"content":{"rendered":"<p class=\"Paragraph-module-scss-module__UwInRW__text\" data-first-paragraph=\"true\">When the patriarch of a third-generation media company* died suddenly, the family believed the business was secure. The patriarch had built a fledgling operation started by his father into one of the largest privately-held newspaper empires in the country. Revenues were strong. A $1 billion valuation was within reach. His five adult children, all talented in their own fields but lacking closeness after a lifetime of competing for their father\u2019s affection, joined the board determined to protect what he had created.<\/p>\n","protected":false},"excerpt":{"rendered":"When the patriarch of a third-generation media company* died suddenly, the family believed the business was secure. The&hellip;\n","protected":false},"author":2,"featured_media":854653,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[45,49,48,137],"class_list":["post-854652","post","type-post","status-publish","format-standard","has-post-thumbnail","category-entrepreneurship","tag-business","tag-ca","tag-canada","tag-entrepreneurship"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/854652","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=854652"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/854652\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/854653"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=854652"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=854652"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=854652"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}