During his earnings call this afternoon, News Corp. Chairman Rupert Murdoch was asked about the MSNBC/Fox News war of words. According to a transcript from AllThingsD’s Peter Kafka:
Q: What’s up with MSNBC-Fox News truce, which appears to be broken?
Murdoch: We didn’t start this abuse, which we thought went way beyond… Finally, we had to allow people to retaliate. When they stop, we’ll stop.
Q: And is it good for you to have antagonistic relationship with White House?
News Corp.’s net income rose 11% in the latest quarter to $571 million. A year earlier, net income was $515 million.