Also, according to the LATimes: He also denied trying to advance his commercial interests through his newspapers, which in Britain include the Times of London and the bestselling Sun tabloid. If not, then he's an idiot. If he expects anyone to believe that, he's an even bigger idiot.
The Daily Beast well understood this was a sit down, stand up comedy routine:
“I think we’re the only independent newspaper in the business,” he said at one point of the Sun, drawing another small round of laughter from the crowd, though this time it was clear that Murdoch wasn’t joking.Pass the popcorn. See also: The James Murdoch Defense: "I was out for smokes when it happened."