Rupert Murdoch faces a fight to keep control of his media empire after investors lined up to call for him to quit following his ‘doddery’ performance in front of MPs yesterday.
Many shareholders want Chase Carey to succeed the tycoon as chief executive officer of News Corporation amid claims that the 80-year-old doesn’t know what’s going on at the firm.
They say Mr Carey, 57, who is currently chief operating officer, is better placed to transform the company’s fortunes by drawing a line under the News of the World phone hacking scandal.
