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News Corp. CEO Rupert Murdoch speaks during a forum on The Economics and Politics of Immigration in Boston in this Aug. 14, 2012, file photo. (AP Photo/Josh Reynolds, File)

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** FILE ** News Corp. CEO Rupert Murdoch delivers a keynote address at the National Summit on Education Reform on Friday, Oct. 14, 2011, in San Francisco. (AP Photo/Noah Berger)

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**FILE** Rupert Murdoch, chairman of News Corp. (Associated Press)

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** FILE ** News Corp. CEO Rupert Murdoch delivers a keynote address at the National Summit on Education Reform on Friday, Oct. 14, 2011, in San Francisco. (AP Photo/Noah Berger)

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ASSOCIATED PRESS Doomsayers predicting the Internet will kill newspapers are "misguided cynics," says media mogul Rupert Murdoch, chairman of News Corp.

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News Corp. Chairman Rupert Murdoch appears before Lord Justice Brian Leveson's inquiry into U.K media ethics on Wednesday, April 25, 2012, in London. (AP Photo/Pool)

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News Corp. Chairman Rupert Murdoch appears before Lord Justice Brian Leveson's inquiry into U.K media ethics on Wednesday, April 25, 2012, in London. (AP Photo/Pool)

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**FILE** News Corp's headquarters is seen here in New York on July 31, 2007. (Associated Press)

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**FILE** News Corp's headquarters is seen here in New York on July 31, 2007. (Associated Press)

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** FILE ** News Corp. Chairman Rupert Murdoch appears before Lord Justice Brian Leveson's inquiry into U.K media ethics on Wednesday, April 25, 2012, in London. (AP Photo/Pool)