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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 ** 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)

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**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)

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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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Britain Phone Hacking_Live_mugshot_four_by_three.jpg

Protesters dressed up as Rupert Murdoch (left) and his son James pose April 24, 2012, for photographers as they demonstrate outside the High Court in London. Rupert Murdoch was testifying during Lord Justice Brian Leveson's inquiry into media ethics to answer questions about Murdoch's role in the phone hacking scandal at his now-defunct News of the World tabloid. (Associated Press)

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Britain Phone Hacking_Live.jpg

Protesters dressed up as Rupert Murdoch (left) and his son James pose April 24, 2012, for photographers as they demonstrate outside the High Court in London. Rupert Murdoch was testifying during Lord Justice Brian Leveson's inquiry into media ethics to answer questions about Murdoch's role in the phone hacking scandal at his now-defunct News of the World tabloid. (Associated Press)

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**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)

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** 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. An influential group of British lawmakers say Rupert Murdoch is unfit to lead his global media empire. (AP Photo/Sang Tan, file)

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News Corp. head Rupert Murdoch and his wife, Wendi Deng, arrive at the High Court in London on Thursday, April 26, 2012, before Mr. Murdoch's appearance before the Leveson panel, which is investigating the British phone-hacking scandal. (AP Photo/Sang Tan)

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APTOPIX Britain Phone_Lea.jpg

News Corp. head Rupert Murdoch and his wife, Wendi Deng, arrive at the High Court in London on Thursday, April 26, 2012, before Mr. Murdoch's appearance before the Leveson panel, which is investigating the British phone-hacking scandal. (AP Photo/Sang Tan)

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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. 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 James Murdoch_Live_mugshot_four_by_three.jpg

**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)

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** FILE ** News Corp. Chairman Rupert Murdoch (center) and Rebekah Brooks, then the chief executive of News International, leave Mr. Murdoch's residence in central London on Sunday, July 10, 2011. (AP Photo/Sang Tan, File)