Rupert Murdoch at the Sun Valley conference on July 13. (Photo by Kevork Djansezian/Getty Images)

Rupert Murdoch at the Sun Valley conference on July 13.  (Photo by Kevork Djansezian/Getty Images)

Rupert Murdoch, Chairman and CEO of News Corporation, attends the Allen & Company Sun Valley Conference on July 13, 2012 in Sun Valley, Idaho. The conference has been hosted annually by the investment firm Allen & Company each July since 1983. The conference is typically attended by many of the world’s most powerful media executives. (Photo by Kevork Djansezian/Getty Images)