Tuesday 13 March 2012

NewsCorp: How much longer can it survive?

So today, we've had 6 more arrests in this NewsCorp saga. One of those arrested, Rebekah Brooks, has been previously arrested in relation to this ongoing saga, the other 5, including her husband, the racehorse trainer Charlie Brooks, and News International's Head of Security Mark Hanna, are new arrests in the case.

Rebekah herself has also been a victim of the scandal, after it emerged at the end of February that her phone had been hacked by News Of The World journalists, whilst she was Editor of The Sun. Incredibly irony or poetic justice? One thing is for sure, the old adgae of there being no honour amongst thieves, seems to hold true for Murdoch employees too.

Does anybody else think she is never going to return to NewsCorp after this? More by her own choice though I believe rather than Murdoch not wanting her back. After this episode, she'll want to stay out of the public spotlight for as long as she can.

And with Ofcom currently investigating to see if NewsCorp are a fit and proper company to hold a broadcast licence, for BSkyB, how long will it take before Rupert Murdoch finally gives up and slowly dissolves the whole company, selling off assets for as much as he can so he can live out some form of retirement in relative peace, rather than ending his days in a prison cell and his assets sold off for the mere pitance of their real worth.

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