A First Nations graduate attended her convocation at the University of Victoria this week wearing a 300-year-old blanket that belonged to her late grandfather, Henry Abel Bell.Joye Walkus, who graduated with a specialized degree in aboriginal language revitalization, said Bell was the first person to teach her their traditional language."I want[ed] my grandfather's memory, spirit, him, to be there ... and this blanket was the biggest representation that I could think of," said Walkus, who is from the Kwakiutl Nation on Vancouver Island."The emotion got the better of me when I first air conditioned blanket tried it on. I couldn't hold back the tears. It felt like my grandfather was hugging me."The centuries-old blanket had been passed down through her family for generations, but Walkus' grandfather sold it to the Royal BC Museum 32 years ago."

He knew the value of it back then and it wasn't going to survive much longer if it stayed in hands that didn't know how to deal with it properly," said Walkus."The condition was that if any of his children or grandchildren wanted to borrow the blanket, they were allowed."While Walkus says it was a long process to get permission to wear the blanket, it was something she wanted to do to pay tribute to the person who had such a cartoon blankets profound impact on her career path."To stand up there with my classmates and to have this honour. This whole thing has been amazing and the university really provided an amazing education for everybody and opened up so many doors."

As Walkus crossed the stage, she says she could feel her grandfather's presence in the room.Hollywood is an unresolved issue in Rupert Murdoch's career. He may be the single most important person in movies and television, but he has never been at home in Hollywood. He doesn't like the town and he doesn't feel the town likes him.The elevation of his sons James and Lachlan to the ultimate corporate spots in this company is part of his effort to once and for all resolve the Hollywood issue — in his favor.Hollywood has been the alternative power base at News Corp. It was perhaps most symbolized by nap blanket Peter Chernin, the Hollywood-based News Corp. COO from 1996 to 2009, building himself a pharaoh-style office on the Fox lot, confounding and infuriating Murdoch, who works in New York in a generic box.

Murdoch's awkwardness and particular difficulty in getting along with talent — there was a period in which executives believed that any meeting he showed up for resulted in a failed deal — meant he had to give studio people more power and independence. At the same time, the newspaper side of the company was shrinking in importance. On an ever-increasing basis, Fox executives controlled the lion's share of his business, operating more and more beyond his control."There's spheres of influence here, I guess," Murdoch explained to me once, in clear frustration, meaning he often found himself outside of what was the most important sphere of his business.Read MoreRupert Murdoch to Drop Fox CEO Title: Wall Street ReactsChernin, and after him, Chase Carey, the current Fox president and COO, delivered strong growth and, buoying the stock more than the businesses Murdoch himself spent most of his time on, became Wall Street darlings. In 2005, Chernin, with Fox News chief Roger Ailes, used his near-untouchable status in the company to help oust Lachlan — whom Chernin openly ridiculed — then his father's designated heir, from the company. Then he forced Murdoch to contractually provide that Chernin would be the CEO if Murdoch stepped down.