The U.K. Parliament has released a scathing report into the News of the World hacking scandal: In a report on the malpractice at Murdoch’s now shuttered News of The World tabloid, legislators accused Murdoch and his son James of overseeing a corporate culture that sought “to cover up rather than seek out wrongdoing.” Parliament’s cross-party […]
An article currently appearing on Fox 19 in Cincinnati asks if the media is fairly covering the Ruppert Murdoch hacking scandal. After giving a vague background on the story, they go to their analysis: In the great scheme of things,”News of the World” is pretty immaterial to News Corp.’s earnings, in the one percent range. […]
We haven’t heard much from the News Corp/Murdoch hacking scandal lately. I think that is all about to change: A former News of the World reporter has alleged that there was a massive cover-up of phone hacking at the paper. Clive Goodman, the former royal reporter jailed for his role in phone hacking, wrote a […]
This story just keeps taking more new and interesting turns: In another twist in the News Of The World scandal, a former reporter for the tabloid who initially alleged that editor Andy Coulson knew about the practice of phone hacking by his staff, was reportedly found dead Monday. The Guardian reports that though police wouldn’t […]
We knew it was only a matter of time: Rebekah Brooks, the loyal lieutenant of Rupert Murdoch, resigned Friday as chief executive of his embattled British newspapers, becoming the biggest casualty so far in the phone hacking scandal at a Sunday tabloid. Murdoch had vigorously defended Brooks in the face of demands from politicians that […]
U.S. shareholders of News Corp are not happy at all over the Murdoch empires handling of the phone hacking scandal. Shareholders called it “inconceivable” that directors were not aware sooner of the questionable news practices that led to the closure of the News of the World tabloid, given that news of the hackings first surfaced […]
Times are tough for poor Rupert, so he has decided the time is coming to charge people to read his news: Rupert Murdoch expects to start charging for access to News Corporation‘s newspaper websites within a year as he strives to fix a ”malfunctioning” business model. Encouraged by booming online subscription revenues at the Wall […]