New evidence in a judicial inquiry into News Corporation suggests that a senior minister in Prime Minister David Cameron’s government secretly helped Rupert Murdoch expand his global media empire. Emails subpoenaed from a Murdoch lobbyist show Culture Minister Jeremy Hunt worked behind-the-scenes to get News Corp’s $12 billion takeover of leading British satellite TV network BSkyB approved.
That’s just the latest fallout from News Corp’s phone-hacking scandal. The British public remains transfixed by the story, but equally concerned are American shareholders of the company. Simon Greer, CEO of Nathan Cummings, News Corp shareholder weighs in from New York.