News Corporation’s (ASX:NWS) chief Rupert Murdoch has shed light on his relationships with former British Prime Ministers, after he gave evidence in the latest Leveson inquiry yesterday.
The news chief maintained that he did not seek political favours.
The inquiry relates to the fall out from News Corp’s British phone hacking scandal, that resulted in its shutting down its News of the World tabloid paper.
In the first half of the 2012 financial year, News Corp generated a net profit of $1.9 billion.
