SUN VALLEY, ID - JULY 08: Rupert Murdoch, Chairman and CEO of News Corporation, attends the Allen & Company Sun Valley Conference on July 8, 2011 in Sun Valley, Idaho. The conference has been hosted ... more 
SUN VALLEY, ID - JULY 08: Rupert Murdoch, Chairman and CEO of News Corporation, attends the Allen & Company Sun Valley Conference on July 8, 2011 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 Scott Olson/Getty Images) less 
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Getty Images | Photo By Scott Olson / Getty Images
Fri, Jul 8, 2011 7:28 PM EDT