Rupert Murdoch's biographer and Vanity Fair scribe Michael Wolff predicts that both Rupert Murdoch and his son James will be out of power at News Corp within sixty days, according to a Retuers report.
Wolff says that the recent phone-hacking and police bribery scandals that have roiled the company put the family's dominance at the company in doubt and may bring it entirely to an end. "To restore credibility and to restore trust to this company," he said, "the newspapers have to go and the Murdochs have to go."
He claims that the Murdoch name is now "toxic" and that if the company retains members of the Australian media dynasty at its helm, News Corp will face "a lifetime of litigation."
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