Despite Turmoil, Murdoch family looks relaxed at Sun Valley

CEO of News Corp Murdoch attends Allen & Co Media Conference in Sun ValleySun Valley, Idaho (Reuters) – “Good morning, good morning,” was all Rupert Murdoch had to say to reporters on his way into the Friday morning sessions at Allen & Co's annual media and technology conference in Sun Valley, Idaho. The News Corp Chairman can be forgiven for his press shyness. After all, this is the second straight year he has attended the event while his $53 billion company is in turmoil. Only two weeks ago Murdoch announced he planned to divide News Corp in two, separating its fast-growing entertainment assets from its slower-growing and scandal-scarred publishing operation. …


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