Bloomberg News

Murdoch Tells Investors News Corp. Must Be ‘Principled’ Company

October 21, 2011

Oct. 21 (Bloomberg) -- Rupert Murdoch, addressing News Corp.’s phone-hacking scandal, told shareholders at the annual meeting today the company must be principled.

“We cannot just be a profitable company,” Murdoch, the company’s chairman and chief executive, said at the meeting in Los Angeles. “We must be a princpled company. I am personally committed to right any wrong that was committed.”

To contact the editor responsible for this story: Rob Golum at rgolum@bloomberg.net


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