Chase Carey May Replace Murdoch as News Corp CEO [REPORT]

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Both the titan himself and the media company have been somewhat beleaguered of late, surrounded by scandal and failure on all sides. Sources of Bloomberg said whether Murdoch stays or goes may depend on his performance in an upcoming hearing.

News Corp. independent directors named Carey as a possible new CEO in meetings yesterday but did not come to a final decision, according to Bloomberg.

News Corp. is the parent company of News of the World, which itself has been the center of a scandal involving phone hacks and one dead whistleblower. Both Murdoch and his son have been asked to give testimony about the matter to a British parliamentary committee next week.

In the meantime, the incident has triggered a string of attacks on related websites, including a false report of Murdoch's death.