Keith Rupert Murdoch Big Scandal

Keith Rupert Murdoch, AC, KSG; born 11 March 1931) is an Australian-American global media baron and the Chairman and CEO ofNews Corporation, the world's second-largest media conglomerate.
In 1953, Murdoch became managing director of News Limited, inherited from his father. He acquired troubled newspapers in Australia and New Zealand during the 1950s and '60s before expanding into the UK in 1969, taking over the News of the World and the The Sun, making it Britain's best selling daily. He moved to New York in 1974, gaining US citizenship in 1985. He expanded into the US market, then buyingThe Times, his first British broadsheet, in 1981. In 1986, keen to transfer printing to new technology he moved his all UK publishing to presses in Wapping, causing bitter industrial disputes. His News Corp. acquired Twentieth Century Fox (1985), HarperCollins (1989) andThe Wall Street Journal (2007). He formed BSkyB in 1990 and during the 1990s expanded into Asian networks and South American television. By 2000 Murdoch's News corps owned over 800 companies in more than 50 countries with a net worth of over $5 billion.
In July 2011 Murdoch faced allegations that his companies including the News of the World, owned by NewsCorps, had been regularlyhacking the phones of private citizens. He also faces police and government investigations into bribery and corruption in the UK and FBI investigations in the US. Murdoch has been listed three times in the Time 100 as among the most influential people in the world. He is ranked 13th most powerful person in the world in the 2010 Forbes' The World's Most Powerful People list. With a personal net worth of US$7.6 billion, he was ranked 117th wealthiest person in the world in March 2011
            Following his shutdown of News of the World and the arrest of Rebekah Brooks for her role in that publication's phone-hacking scandal, Rupert Murdoch spoke before British lawmakers today and addressed the controversy surrounding his media empire, News Corp.In response to the allegation that his newspaper broke into the voicemail of a kidnapped 13-year old, Murdoch said he was "shocked, appalled and ashamed" by the development. He also claimed to have no evidence that reporters did the same to relatives of those who died on 9/11.
Murdoch took very little personal responsibility overall.
The Fox News chief said he only spoke to Brooks about once per month during her time as editor, and that News of the World only employed about 1% of the total work force at News Corp., which is valued at around $3.5 billion.
Despite his insistence that he isn't liable, Murdoch did refer to this session at Portcullis House in London as "the most humble day of my life."
James Murdoch, the CEO's son, also testified. He apologized for the scandal and emphasized that "these actions do not live up to the standards our company aspires to."
In a separate hearing, meanwhile, politicians grilled police over reports that officers took bribes from the journalist to provide inside intel on various crimes and stories. The entire mess makes American tabloid culture seem almost tame/clean by comparison.


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