The two appeared in a New York court today to tell a judge they've reached a deal to end their 14-year marriage. Terms weren't disclosed.
The Murdochs say in a joint statement that the settlement was amicable. It says they'll move forward with "mutual respect" and a shared interest in their daughters' welfare. It was the third marriage for 82-year-old Rupert Murdoch, who leads 20th Century Fox and News Corp.
The divorce won't affect control of the companies or the succession plan for them. Rupert Murdoch controls them through a family trust that benefits his four children from previous marriages.