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News Corp stock and Rupert Murdoch in the toilet?

Reported by Chrish - August 20, 2008 -

Bill O'Reilly and Friends like to snidely comment on the New York Times and other competitors' publicly-traded stock prices falling, disregarding the fact that the newspaper industry as a whole is suffering drops in circulation and ad revenue. Will he comment on report in the LATimes?

"Media company News Corp., whose stock fell 29% in fiscal 2008, reported compensation of $27.5 million for Chairman Rupert Murdoch during the period."

According to the FOX talking points, the Times and other "liberal" media lose readers because people tire of the "liberal bias." Of course this childish, simplistic meme is not true, but to be fairandbalanced, they must note that News Corp. is hemorrhaging viewers and readers because of their constant conservative cheerleading.