Move comes days after Fox reached a $US787.5m settlement with the voting equipment company Dominion in a separate defamation lawsuit
The federal court trial had been set down for October to run for three weeks, with Murdoch expected to attend at least some of the proceedings.
Guardian Australia understands Private Media was blindsided by the announcement and is likely to demand costs from Murdoch. Murdoch’s lawyer, John Churchill, said on Friday that he had filed a notice of discontinuance in the defamation proceedings.
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