ASSOCIATED PRESS Doomsayers predicting the Internet will kill newspapers are "misguided cynics," says media mogul Rupert Murdoch, chairman of News Corp.
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)
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)
** FILE ** Media baron Rupert Murdoch gives evidence before the British Parliament's Culture, Media and Sport Select Committee on the News of the World phone-hacking scandal in this image taken from TV on Tuesday, July 19, 2011, in London. (AP Photo/Press Association)
** FILE ** This Sunday July 10, 2011, file photo shows chairman of News Corporation Rupert Murdoch, right, and his son James Murdoch, chief executive of News Corporation Europe and Asia, in central London. (AP Photo/Sang Tan, file)
**FILE** Rupert Murdoch (right), Chairman of News Corporation, and his son James Murdoch, chief executive of News Corporation Europe and Asia, arrive July 10, 2011 at Rupert Murdoch's residence in central London. (Associated Press)
Rebekah Brooks, the former chief of News Corp.'s British operations, leaves the Old Bailey court in London on Wednesday, Sept. 26, 2012. Mrs. Brooks was in court to face charges connected to the phone-hacking scandal that rocked Rupert Murdoch's media empire. (AP Photo/Lefteris Pitarakis)
**FILE** Rupert Murdoch, chairman of News Corp. (Associated Press)
** 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)
