joining us now, porter bibb, managing partner of media tech capital, a media investment firm in new york. >> susie: hi, porter, nice to have you with us. >> great to be here, susie. >> porter, it cements like every other day there's an announcement of a business or merger or take over that the news corp is abandoning. how is this saga going to play out in just a matter of time before news corp breaks >> well i don't think news corp itself is going to be broken up or even slowed down very much by the tsunami of social public outcry, political outcry and probably legal outcry that is being launched against some of the managers from rupert murdoch on down who have created a kind of unethical culture at news corp. >> susie: well, rupert murdoch is going to face off against the british parliament. he'll be testify tlg, and may be facing investigations in the u.s. as we just reported. what kind of legal problems might he face? could he personally be liable? >> it's unlikely that mr. murdoch himself will face any real criminal charges or legal charges, but there were approximately 4,000 people

>> turn to porter bibb here. there's been lots of speculation and denial from the murdochs that the newspaper division may simply be sold off in britain. again, i find that hard to believe because of the deep-rooted love he has for those papers, and as former editor of "news of the world," i was pretty shocked after seeing the "news of the world" shot down. first newspaper he bought in britain and i think he huge respect and personal admiration for. did it become too hot? is the newspaper division for him now in britain simply not making enough money to make it worth saving in a crisis like this? >> he has got to address several constituencies. one is news corp investors, and print is a losing proposition, and news corp has not made a transition to the digital domain with any of their newspapers, starting with "the sunday times" of london. even "the wall street journal" is still marginally profitable venture, which he way overpaid by several million dollars. in the uk he is seen by politicians and regulators by d