News Corp. has hired two more firms to help with the fallout of the scandal — Sard Verbinnen & Co. and Glover Park Group. Glover Park will help with government relations and Sard Verbinnen specializes in IR and crisis situations. Bloomberg notes that News Corp. stock has taken a hit since the beginning of the month.
The assessments of the Murdochs’ appearance before a Parliamentary group yesterday keep rolling in, and the unexpected interruption from a protester wielding a shaving cream pie is adding an angle to how the News Corp. leaders fared. (He explains why he did it in The Guardian.)
MarketingWeek says that Rupert Murdoch has not been nearly humble enough in the lead up to yesterday’s testimony. And while Rupert did begin his comments by calling yesterday “the most humble day of my career,” he ultimately denied responsibility for anything that has happened. He added that he wouldn’t resign and called himself “the best person to see it through” even though he says court settlements and other payments were happening without his knowledge and he seemed clueless when asked about actions taken by News of the World journalists, many who have been arrested.