As a result, the Murdoch's have lost $1bn of their own personal wealth.
But shares have rebounded today on reports the company's COO may replace Rupert Murdoch as CEO.
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Ricardo's Business: Who is Chase Carey? #NoTW #hacking
News Corp's shares have slumped around 20 per cent since the phone hacking scandal broke.
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By Ricardo Goncalves
Source: SBS
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