MsCassieMollie
Proud Member
GREAT NEWS! Hopefully other tabloid sites will follow.
http://www.bloomberg.com/news/2011-07-07/news-international-to-shut-news-of-the-world.html
News Corp. (NWSA)’s Rupert Murdoch has spent years clashing with unions, rivals and governments. Now the scandal at one of his London newspapers is threatening to become the biggest crisis of the 80-year-old’s career.
“He’s been through lots of scrapes and likes to live on the edge, but this must be the most complicated, fast-moving and risky mess he’s been in,” said Charlie Beckett, director of the media institute Polis at the London School of Economics.
News Corp. said yesterday it would close the 168-year-old News of the World tabloid after allegations that its journalists tapped the voice mails of murder victims and paid police officers for stories. Murdoch acquired the paper in 1969 as he expanded into the U.K. from Australia.
The weekly newspaper’s closing may not be enough to end the fallout from the four-year-old phone-hacking scandal, especially with News Corp. trying to win government approval for the acquisition of satellite-TV provider British Sky Broadcasting Group Plc. (BSY) With the growing public outcry, News Corp. may have to take further steps such as firing Rebekah Brooks, a former editor of the tabloid, said Ken Doctor, a media analyst at Outsell Inc. in Santa Cruz, California.
“I think her position is unsustainable,” Doctor said in an interview. “Given the gravity of what’s involved, she has to take responsibility for that.”
If you wanna read the rest of the article, click the link above.
http://www.bloomberg.com/news/2011-07-07/news-international-to-shut-news-of-the-world.html
News Corp. (NWSA)’s Rupert Murdoch has spent years clashing with unions, rivals and governments. Now the scandal at one of his London newspapers is threatening to become the biggest crisis of the 80-year-old’s career.
“He’s been through lots of scrapes and likes to live on the edge, but this must be the most complicated, fast-moving and risky mess he’s been in,” said Charlie Beckett, director of the media institute Polis at the London School of Economics.
News Corp. said yesterday it would close the 168-year-old News of the World tabloid after allegations that its journalists tapped the voice mails of murder victims and paid police officers for stories. Murdoch acquired the paper in 1969 as he expanded into the U.K. from Australia.
The weekly newspaper’s closing may not be enough to end the fallout from the four-year-old phone-hacking scandal, especially with News Corp. trying to win government approval for the acquisition of satellite-TV provider British Sky Broadcasting Group Plc. (BSY) With the growing public outcry, News Corp. may have to take further steps such as firing Rebekah Brooks, a former editor of the tabloid, said Ken Doctor, a media analyst at Outsell Inc. in Santa Cruz, California.
“I think her position is unsustainable,” Doctor said in an interview. “Given the gravity of what’s involved, she has to take responsibility for that.”
If you wanna read the rest of the article, click the link above.