Media mogul Rupert Murdoch warned that "technology will continue to destroy all of the old ways and old assumptions, especially in the media" during an April 2 speech on "Creative Destruction: News for the 21st Century."
Rupert Murdoch is the chairman and chief executive officer of News Corporation, a global media company with properties in film, television, print and online.
News Corporation's subsidiaries include Fox News Channel, Dow Jones (publisher of the Wall Street Journal), 20th Century Fox, and MySpace- Georgetown University
Rupert Murdoch is an Australian-American global media mogul. He is the major shareholder, chairman and managing director of News Corporation. He is ranked 13th most powerful person in the world in the 2010 Forbes' The World's Most Powerful People list.
Beginning with newspapers, magazines and television stations in his native Australia, Murdoch expanded News Corp into the UK, US and Asian media markets. In recent years has become a leading investor in satellite television, the film industry, the Internet and media. News Corp is based in New York.