The media mogul has also upset customers, advertisers and the people his papers write about. His investors are the latest to want his scalp. But by going private he could do as he pleases.
News Corporation is valued on the New York and Sydney stockmarkets at $50bn and there’s no way Rupert can take that private. But he could buy a slice that gives him a substantial Murdoch Media empire while the public company continues without him.
As head of a private company, Rupert could ignore shareholder calls to stand down or change the business plan. The 80-year old could keep on running it until he is 90 or 100 or senile: he could hand management to a son of daughter without criticism of the corporate governance.
Here are some rounded –off numbers. News Corporation currently has voting shares and non-voters – though the market prices are very similar, suggesting the value of the votes is small. The Murdochs control 40 per cent of the votes but just 12 per cent of the value.