Murdoch: Hacking's got nothing to do with it
Rupert Murdoch. Via World Economic Forum.
11:39 am Jun. 28, 2012
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Hours after announcing that News Corp. is moving forward with a plan to split its entertainment and publishing arms into two distinct publicly traded companies, chairman and C.E.O. Rupert Murdoch went on his own Fox Business Network to talk about the move.
We missed the segment ourselves, but judging from tweets by media reporters, Murdoch used the interview as an opportunity to distance News Corp's decision from the phone-hacking scandal and to fuel a little healthy speculation about who he might pluck to run the new publishing company.
.@rupertmurdoch tells Fox Business they didn't want to release news on Friday, because only bad news gets released on Friday
— Edmund Lee (@edmundlee) June 28, 2012
"It is not a reaction to anything in Britain," Rupert Murdoch emphatically says.
— Amy Chozick (@amychozick) June 28, 2012
"Maybe we’ll take someone from Fox News," Rupert Murdoch said when asked by Fox Business who will run the new publishing company.
— Amy Chozick (@amychozick) June 28, 2012
Rupert says it's "highly unlikely" Lachlan will run the publishing company.
— Michael Calderone (@mlcalderone) June 28, 2012
We're waiting for Fox Business to post the video online. But you can also catch Murdoch on rival network CNBC at noon.
Hey, @cnbc, can you ask Rupert a very specific ? during noon int: Why didn't he take CEO role at pub unit/what does that mean symbolically?
— Peter Lauria (@peterlauria3) June 28, 2012
In other news...
CNN and Fox News botched the SCOTUS health care ruling. [Politico]
How SCOTUSblog owned the coverage. [The Washington Post]
Watch Ann Curry's tearful "Today" farewell. [NYT/Media Decoder]
The New York Times is launching a Chinese-language news site. [NYT/Media Decoder]
Michael Massing publishes a David Carr takedown. [C.J.R.]
