Rupert Laments Being Treated As "Genocidal Tyrant", Says Cable Networks Drive News Corp Earnings

AP:

Rupert Murdoch's News Corp. reported higher earnings in its latest quarter Wednesday, one week after the media conglomerate wrapped up a three-month campaign to buy Wall Street Journal publisher Dow Jones & Co.

Murdoch, speaking on a conference call with analysts and reporters, said he had high hopes for Dow Jones' potential, saying there was no company better positioned to exploit the growing demand for financial information.

At the same time, Murdoch also took aim at the $5 billion deal's critics -- several of whom said the quality and independence of the paper could suffer under Murdoch.

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