Rupert, James Murdoch Testimony, News Corp. Outlook

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July 19 (Bloomberg) -- David Bank, an analyst at RBC Capital Markets, and Alan Gould, an analyst at Evercore Partners, talk about Rupert and James Murdoch's appearance before the U.K. Parliament's Culture, Media and Sports Committee and the outlook for News Corp. Rupert Murdoch told U.K. lawmakers that he wasn’t responsible for the phone-hacking scandal at News Corp.'s News of the World newspaper, saying that the blame lies with the "people that I trusted to run it." Bank and Gould speak with Tom Keene on Bloomberg Television's "Surveillance Midday." (Source: Bloomberg)


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