Living in Ikoria
- I saw this while checking email and I thought maybe some of our U.K. GFers would be interested. For those of you living there, did you read this title (or did family) regularly?
Here's the link to the story: Hack job! Murdoch axes paper to save deal - Yahoo! News
Basically, Rupert Murdoch owned this newspaper and used what one professor called "the nuclear option" to stop its publication completely amidst scandal.
This is the reasoning, apparently, which I'll quote from the report:
As allegations multiplied that its journalists hacked the voicemails of thousands of people, from child murder victims to the families of Britain's war dead, the tabloid hemorrhaged advertising, alienated millions of readers and posed a growing threat to Murdoch's hopes of buying broadcaster BSkyB.
- Do you think that Murdoch should have just shut down the popular newspaper as he did, or would there have been a way to keep it going?
- Also, for those that know about Rupert Murdoch's other enterprises (he owns Fox News, for example): do you think that this will raise questions elsewhere among his owned journalism businesses, or will people see it as simply corruption within one institution that Murdoch probably wouldn't have known about?