July 7, 2011

News Corp.'s Deputy chief operating officer, James Murdoch, said that the Sunday British tabloid, which has been under fire for a phone-hacking scandal, has seen "sullied by behaviour that was wrong."

Mr. Murdoch said that this coming Sunday's edition would be the last one.

News Corp. has faced criticism and investigations for years in the U.K. over the tabloid's reporting methods, which involved the use of outsiders to intercept the mobile-phone voice mails of celebrities and politicians.

The scandal gathered momentum this week following allegations that the paper used the same tactic to access voice mails linked to murdered girls and victims of the 2005 London terrorist bombings as well as families of soldiers killed in Afghanistan.

On Wednesday, News Corp. Chairman and Chief Executive Rupert Murdoch condemned the alleged reporting tactics that have sparked the mess.

He also registered support for Rebekah Brooks, the company's top U.K. newspaper executive, who is coming under fire. Ms. Brooks was editor of News of the World at the time some of the alleged incidents occurred.

http://online.wsj.com/art...32352.html

[Edited 7/18/11 18:43pm]

"Phone-hacking scandal"? That's putting it mildly. What they did was monstrous.

News Corp's scumbag CEO Rupert Murdoch feels the heat.

now, what did they do?

ufoclub said:

now, what did they do?

For one thing, they would delete voice mail messages in order to make room for new ones. This gave the families of murder victims the false hope that the victims were still alive and checking their messages.

Former News of the World Editor Andy Coulson to Be Arrested Friday

July 7, 2011

Andy Coulson, the former editor ofThe News of The World, has been told that he will be arrested tomorrow in relation to illegal phone-hacking activities at the newspaper, according to media reports emerging late Thursday.

Coulson could also face questions relating to his evidence in a separate trial last year in which it now appears he may have perjured himself after saying that he had no knowledge of the company paying policemen.

The arrest, if it goes ahead, would represent the first senior News International executive to face the prospect of criminal consequences to the phone-hacking actions that have engulfed the British media.

Police have identified as many as four thousand people whose phones could have been illegally tampered with.

The development could trigger an escalation in the serious ramifications for other senior executives including chief executive Rebekah Brooks and potentially News Corp deputy COO James Murdoch if Coulson decides to name other executives involed in the scandal.

To date both Brooks and Murdoch have repeatedly insisted that they knew nothing of the “wrongdoing” that has emerged.

The news comes as staff now face the prospect of being unemployed after the final issue is published on Sunday. Brooks, who remains chief executive of the news group that includesThe Times, The Sun and The Sunday Times, is also facing the growing anger of staff.

“Why can’t she be sacked? She has trashed the reputation of the newspaper, she has closed the paper - it doesn’t get worse than that – and yet she still has her job,” said one News of The World employee.

POETIC JUSTICE

screw you, Murdoch...

I thought this thread was about me

Brilliant!

Hopefully The Sun and The Daily Mail will soon go the same way, but this could just be a savvy exercise in rebranding. Give it a few months till the commotion has died down and prepare for the launch of The Sunday Sun.

And the hits just keep on coming.

Identity said:

Former News of the World Editor Andy Coulson to Be Arrested Friday

July 7, 2011

Andy Coulson, the former editor ofThe News of The World, has been told that he will be arrested tomorrow in relation to illegal phone-hacking activities at the newspaper, according to media reports emerging late Thursday.

Coulson could also face questions relating to his evidence in a separate trial last year in which it now appears he may have perjured himself after saying that he had no knowledge of the company paying policemen.

The arrest, if it goes ahead, would represent the first senior News International executive to face the prospect of criminal consequences to the phone-hacking actions that have engulfed the British media.

Police have identified as many as four thousand people whose phones could have been illegally tampered with.

The development could trigger an escalation in the serious ramifications for other senior executives including chief executive Rebekah Brooks and potentially News Corp deputy COO James Murdoch if Coulson decides to name other executives involed in the scandal.

To date both Brooks and Murdoch have repeatedly insisted that they knew nothing of the “wrongdoing” that has emerged.

The news comes as staff now face the prospect of being unemployed after the final issue is published on Sunday. Brooks, who remains chief executive of the news group that includesThe Times, The Sun and The Sunday Times, is also facing the growing anger of staff.

“Why can’t she be sacked? She has trashed the reputation of the newspaper, she has closed the paper - it doesn’t get worse than that – and yet she still has her job,” said one News of The World employee.

What Rupert and his minions did was disgusting, and they probably deserve to go to jail. But the sad part is the demise of the infamous Page 3 of that tabloid. Granted, NOTW isn't known for its page 3 girls as much as the Sun, but then again Rupert Murdoch owns that paper too.

Good riddance...only thing I'll miss is using their paper to fire up my barbeque.

yet another example of how pathetic and sensational the state of journalism has become

Efan said:

ufoclub said:

now, what did they do?

For one thing, they would delete voice mail messages in order to make room for new ones. This gave the families of murder victims the false hope that the victims were still alive and checking their messages.

good lord!!!

http://en.wikipedia.org/wiki/News_of_the_World_phone_hacking_affair

these people are slime. they took journalism to a new low

UK Lawmakers Summon Murdoch Over Phone Hacking

July 12, 2012

British lawmakers investigating a phone hacking scandal Tuesday asked media baron Rupert Murdoch, his son James, and former News of the World editor Rebekah Brooks to testify before them, hours after former British Prime Minister Gordon Brown accused their newspaper group of illegally obtaining private information about him.

Full Artlcle

News Corp is a publicly-traded company here in the US. This is the kind of thing that can take a publicly-traded company down in a heartbeat.

What if their stock sunk to $1 or less, and someone like the Daily Kos - OR GEORGE SOROS - bought control?

LMMFBO, that would be AWESOME.

More Bad News For Murdoch

7/13/2011

News Corp.’s $12.5 billion bid for British broadcaster BskyB has crumbled as a result of the ever-widening hacking scandal in the U.K.

Sky News reports this morning that News Corp. will be withdrawing its bid for the leading British satellite broadcaster .

Sky News is partly owned by News Corp. The deal was never a sure thing, but most analysts expected it to pass with provisions in place. The hacking scandal that started at News Corp.’s News of the World and has since expanded to other outlets almost certainly derailed any hope of passing the deal.

As a result of the scandal, U.K. Prime Minister David Cameron announced a review of government oversight of the press, and full investigations. Cameron also said that if it was found that victims of 9/11 were hacked, as has been reported, it would be referred to U.S. authorities.

Stateside, Senator Jay Rockefeller (D-WV) has called for a U.S. inquiry to be opened, focusing on the 9/11 victims.

http://www.mediabistro.com/tvnewser/

Identity said:

More Bad News For Murdoch

7/13/2011

News Corp.’s $12.5 billion bid for British broadcaster BskyB has crumbled as a result of the ever-widening hacking scandal in the U.K.

Sky News reports this morning that News Corp. will be withdrawing its bid for the leading British satellite broadcaster .

Sky News is partly owned by News Corp. The deal was never a sure thing, but most analysts expected it to pass with provisions in place. The hacking scandal that started at News Corp.’s News of the World and has since expanded to other outlets almost certainly derailed any hope of passing the deal.

As a result of the scandal, U.K. Prime Minister David Cameron announced a review of government oversight of the press, and full investigations. Cameron also said that if it was found that victims of 9/11 were hacked, as has been reported, it would be referred to U.S. authorities.

Stateside, Senator Jay Rockefeller (D-WV) has called for a U.S. inquiry to be opened, focusing on the 9/11 victims.

http://www.mediabistro.com/tvnewser/

apprently, news corp is also being sued by a bunch of it's investors

The Murdochs Refuse To Appear Before Paliament

July 14, 2011

Rupert and James Murdoch have told Parliament they won’t appear at next Tuesday’s hearing into the phone hacking scandal, it was reported on Thursday.

Rupert Murdoch said he is “not available” but will speak with the judge-led inquiry into News Corp.’s newsgathering tactics. James Murdoch has indicated he won’t be free until August.

http://www.politico.com/n...z1S5RJP73b" target="_blank">Read More

Identity said:

The Murdochs Refuse To Appear Before Paliament

July 14, 2011

Rupert and James Murdoch have told Parliament they won’t appear at next Tuesday’s hearing into the phone hacking scandal, it was reported on Thursday.

Rupert Murdoch said he is “not available” but will speak with the judge-led inquiry into News Corp.’s newsgathering tactics. James Murdoch has indicated he won’t be free until August.

http://www.politico.com/n...z1S5RJP73b" target="_blank">Read More

kind of a stupid move on their part. the longer this scandal has time to burn, the worse the damage

^

Yep, fearing the worst, Murdoch and son are now yielding to pressure and will appear before Parliament next week.

News Corpse Executives Jumping Ship!

Humbled Murdoch says sorr...ooks quits

News Corp.'s U.K. Newspap...Steps Down

and now this:

FBI opens inquiry into Murdoch's News Corp.

News Corp. Market Value Down More Than $8 Billion

July 18, 2011

Rupert Murdoch's News Corp. has lost more than $8 billion in 
market value since new revelations in a phone hacking scandal were first 
reported two weeks ago.

The conglomerate's Class A stock closed at $18.06 before the July 4 holiday
 in the U.S. -- near a 52-week high of $18.35 set at the start of June.

On Monday, the stock dropped another 4.3 percent to finish Monday's trading
 session at $14.97 after going as low as $14.76.

That means the stock has 
lost more than 17 percent and dropped below the half-way mark between its 
52-week high and 52-week low of $11.91, which it reached last August.

At Monday's closing price, News Corp.'s market value stood at $39.65
 billion, according to Bloomberg data. The market value is down by around $8
 billion over the past two weeks.

A Bloomberg News report on Monday calculated that the value of the Murdoch 
family's stake in the company has dropped by almost $1 billion to about 
$4.96 billion over the past two weeks.

Meanwhile, credit ratings agency Standard & Poor's on Monday said it is
considering a potential downgrade of its debt rating on News Corp., citing 
"the increased business and reputation risks" of the legal issues 
surrounding the phone hacking scandal.

A debt rating downgrade would 
increase the company's borrowing cost.

http://www.hollywoodrepor...own-212558