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Biographer predicts News Corp. will oust Murdochs within 60 days
Rupert Murdoch’s biographer and Vanity Fair scribe Michael Wolff predicts that both Rupert Murdoch and his son James will be out of power at News Corp within sixty days, according to a Retuers report. Wolff says that the recent phone-hacking and police bribery scandals that have roiled the company put…
James Murdoch gets ‘unanimous support’ of BSkyB board
LONDON — The board of BSkyB gave chairman James Murdoch its “unanimous support” on Thursday, a source close to the British satellite broadcaster said, despite the furore over the phone-hacking scandal. The 38-year-old son and heir apparent of News Corporation boss Rupert Murdoch had faced calls from some shareholders to…
Saudi billionaire, News Corp. benefactor, rebuffs calls for restructuring
LONDON (Reuters) – News Corp’s major shareholder Prince Alwaleed bin Tala has rebuffed calls to change the company’s dual-class structure or leadership, the Financial Times reported in its Tuesday edition. “Investors went into News Corp knowing the class A and B share structure,” Alwaleed was quoted as saying in an…
Parliament unlikely to punish James Murdoch for lying
by Marian Wang It’s three against one for James Murdoch. That’s the latest tally of how many former News International executives have publicly accused the son of Rupert Murdoch of giving inaccurate testimony before Parliament last week. The younger Murdoch says he stands by his testimony, but what if it turns…
News Corp’s U.K. political meetings to be published
LONDON (Reuters) – Ministers in Britain’s coalition government, criticized for being too close to Rupert Murdoch’s scandal-hit News Corp, face more scrutiny this week when details of their meetings with the company’s executives are published. News Corp executive James Murdoch is also under pressure over his handling of a phone-hacking…
NYT writer: James and Rupert Murdoch are ‘done’
With James Murdoch being pursued for allegedly lying to the British Parliament, and his father Rupert on the ropes and refusing to accept any responsibility for the mess his company has created, at least one prominent writer for The New York Times is predicting the downfall of both men. “Mr.…
James Murdoch under pressure over testimony
LONDON (Reuters) – News Corp executive James Murdoch was under pressure on Monday over his handling of a phone-hacking scandal that has hit the Murdoch family’s media empire and could jeopardize his own position at the company. British police are considering a request from opposition Labour politician Tom Watson to…
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