Does it really matter who the CEO is?

[Drale]

They are still going to be Republican TV.

[nadinbrzezinski]

1. Yes for the investors

Murdoch is bleeding red ink. This is about the health of the company... from a financial standpoint

This is not surprising and the scandal just entered phase two. It is deep enough Newscorp might not survive.

[Warpy]

2. I think we're likely to see bits and pieces sold off

while the solidly profitable things like FX and the entertainment divisions are kept.

This whole scandal might even have been started by internal leaks by higher ups dedicated to getting Murdoch out of the way.

Yes, I'm deeply cynical.

[UpInArms]

3. It is deep enough Newscorp might not survive.

from your fingers to God's eyes

[DearAbby]

5. They are betting a lot

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[BNJMN]

4. It's funny to me how nervous most of the news anchors seem when discussing this...

...or unreasonably calm. Wonder how many have (distant) ties to the most powerful media broker in the world.