Elisabeth Murdoch, daughter of media baron Rupert Murdoch and a successful media executive in her own right, recently criticized her brother James, a top executive at News Corp., for pursuing profit at all costs.
According to a Reuters article, she told a group of television executives at the Edinburgh Television Festival that “profit without purpose was a recipe for disaster and the phone hacking scandal at the News of the World tabloid – which has badly hurt her father Rupert Murdoch’s News Corp empire – showed the need for a rigorous set of values.”
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