Rupert Murdoch is the left, and so is his son. He saw an opportunity in the cable news market 15 years ago and it paid off. That's the extent of his loyalty to the political right.
More people watch his right-bashing gay propaganda tool "Glee" every week than FNC's entire lineup combined. Ditto for "Family Guy".
I couldn't care less what happens to the guy or his empire.
If it results in the breakup of his media empire and more decentralization of the world’s press, then that would be a good thing, IMHO. It should bother people that a good percentage of the world press is centralized under one person.