News Corp. shareholders may now have more to gripe about on the heels of its annual meeting aside from an unpopular board of directors and the family that leads it. On Wednesday afternoon, News Corp. reported a drop in its first-quarter profits while standing by James Murdoch, who is increasingly being held to account for his knowledge of the phone hacking scandal.
On a conference call with financial analysts and members of the press, COO Chase Carey was asked whether management changes were being considered in terms of Murdoch's role at the company.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
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