{"id":566179,"date":"2026-08-11T23:24:08","date_gmt":"2026-08-11T23:24:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/566179\/"},"modified":"2026-08-11T23:24:08","modified_gmt":"2026-08-11T23:24:08","slug":"why-family-businesses-lose-control","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/566179\/","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":566180,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[138,336,111,139,69],"class_list":["post-566179","post","type-post","status-publish","format-standard","has-post-thumbnail","category-entrepreneurship","tag-business","tag-entrepreneurship","tag-new-zealand","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/566179","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=566179"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/566179\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/566180"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=566179"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=566179"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=566179"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}