Question of the Week: Should Murdoch Step Down as Head of News Corp.?

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Rupert Murdoch has been all over the news lately.

The 80-year-old media mogul refused to take responsibility for the hacking scandal that has slashed billions from News Corp.’s market value. It got even more bizarre earlier this week when a protester tried to hit Murdoch with a cream pie.

Wendi Deng, Murdoch’s wife, smacked the protester before he was able to touch the elder CEO. (Deng has now become a trending topic on Twitter, and a fake Twitter account has sprung up in her honor.)

News Corp. faces some serious issues. Murdoch is denying any knowledge of the phone-hacking and bribes to police that apparently took place at the now-shuttered News of the World. Rebekah Brooks, NOTW’s editor, was arrested over her role in the scandal. Last week, the distraction of “hackergate” prompted News Corp. to withdraw its bid for BskyB. And, this week, Sean Hoare, the News Corp. whistleblower, was found dead (but his death has been deemed not suspicious).

The Murdoch family reportedly has 40% voting control of News Corp. Rupert Murdoch seems steeped in his role as head of the media empire that owns The Wall Street Journal, FOX (the TV network), 20th Century Fox (the movie studio) and Harper Collins.

Many think he should resign. What do you think?