Monitoring Murdoch's Meltdown

Agency CEOs are watching the drama of the hacking scandal for hints of U.S. contagion

Many U.S.-based ad executives—the people with the true power to control Rupert Murdoch’s destiny through the billion dollar ad budgets that provide most of his companies’ revenue—still view the News Corp. scandal from afar. It’s damaging, but it’s primarily a U.K. story, right?