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| Permalink View Article Stats (3 comments) Promoted to Headline (H2) on 7/8/11: The Murdoch Empire at Risk Quicklink submitted by Rob Kall (Add your own quicklinks easily with the OpEdNews Quick Link Browser bookmark) |
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It is either poetic justice or a desperate attempt by Rupert Murdoch to stop the bleeding. By closing down News of the World... Murdoch is taking a drastic step that is virtually without precedent. It is either poetic justice or a desperate attempt by Rupert Murdoch to stop the bleeding. By closing down News of the World, the scandal-driven London tabloid that itself became engulfed by scandal, Murdoch is taking a drastic step that is virtually without precedent. The 2.6 million circulation News of the World paper is valued at about $650 million, or 1.4 percent of the parent company's market value. Frank Sesno, director of GWU's School of Media and Public Affairs says of Murdoch, ' He is in deep damage-control mode right now. This is his Titanic hitting the iceberg, and he has to worry about the rest of the fleet behind him.' |
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Investigate in the US
by Rob Kall on Friday, Jul 8, 2011 at 8:32:23 AM
Hear, hear
by Marika on Saturday, Jul 9, 2011 at 6:36:10 AM
Barack's Balls and Rubert's Ass
by Michael Rose on Saturday, Jul 9, 2011 at 11:07:23 PM