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Murdoch Slams 'Highly Partisan' Report

Tuesday, 01 May 2012 09:33 PM

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News Corp. CEO Rupert Murdoch slammed a report Tuesday by a British parliamentary committee that depicted the well-known media mogul as unfit to lead his company.

In a memo to employees of the News Corp-owned Dow Jones, Murdoch admitted mistakes had been made but said his company was "working hard" to put them right and its business had "never been stronger".

In a related statement, News Corp condemned the report by the Commons Culture Committee as "unjustified and highly partisan.”

Editor's Note: Economist Unapologetically Calls Out Bernanke, Obama for Mishandling Economy. See What They Did

The left-leaning parliamentary report was welcome news to Britain's liberal establishment, which has been hostile to the Australian-born publisher's conservative influence. During the early 1980s Murdoch played a key role in backing Margaret Thatcher's successful effort to break the unions stranglehold over the British economy.

News Corp, which owns Fox News and The Wall Street Journal, admitted that the committee had highlighted "hard truths.” There had been "serious wrongdoing" at the News of the World, the company's response had been "too slow and too defensive,” the statement said, the BBC first reported.

"News Corporation regrets, however, that the Select Committee's analysis of the factual record was followed by some commentary that we, and indeed several members of the committee, consider unjustified and highly partisan," the statement went on. "These remarks divided the members along party lines."

Editor's Note: Economist Unapologetically Calls Out Bernanke, Obama for Mishandling Economy. See What They Did

The controversial investigation into the News of the World phone-hacking scandal split the committee on party lines. While there was unanimous agreement that individuals in the company had misled their inquiry in a "blatant fashion," conservative members refused to support the report after liberal members pushed through the criticism of Murdoch by a vote of six to four.

Conservative Damian Collins told the BBC the reference to Murdoch's suitability to run News Corp was "loaded" and "irresponsible."


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