Murdoch upset by pace of talks with Dow

IDAHO: News Corp chairman Rupert Murdoch appeared frustrated on Wednesday with the state of talks with Dow Jones saying it was unclear where the company’s controlling shareholders stood.

“They keep changing their minds,” Murdoch told in Sun Valley, Idaho, during a conference of top media executives hosted by investment banker Herbert Allen.

Murdoch is a regular guest at the conference, which has become a landmark event for media power players since the early 1980s.

Murdoch didn’t elaborate on the state of play with Dow Jones, and declined to comment on a recent approach made to Dow Jones by Brad Greenspan, an internet entrepreneur who was an early investor in MySpace, a social networking site now owned by Murdoch’s company, News Corp.