Rupert Murdoch Biographer on News Corp. Leadership

July 19 (Bloomberg) -- Michael Wolff, author of the Rupert Murdoch biography "The Man Who Owns the News," discusses the News Corp. chairman and his son James Murdoch's testimony today before a U.K. parliamentary committee over allegations of phone hacking by the company's journalists. Wolff, speaking with Carol Massar on Bloomberg Television's "In the Loop," also discusses the prospects of leadership change at News Corp. (Source: Bloomberg)