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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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20120103-155128-pic-92986557_2_mugshot_four_by_three.jpg

** 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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20081117-233706-pic-100517492_2_mugshot_four_by_three.jpg

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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britain-phone-hacking_lea_10_mugshot_four_by_three.jpg

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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News Corp Split_Live.jpg

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

Britain Phone Hacking_Lea.jpg

Britain Phone Hacking_Lea.jpg

** 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)