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Biographer: Hacking scandals to be the end of Rupert Murdoch

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Playinghardball Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-18-11 12:04 PM
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Biographer: Hacking scandals to be the end of Rupert Murdoch
Source: RawReplay
By Stephen C. Webster

Michael Wolff, author of the Rupert Murdoch biography “The Man Who Owns the News,” is all but pronouncing the media mogul’s reign to be through.

In a recent interview with Bloomberg, Wolff said that the phone hacking scandals that have shaken News Corp. in recent weeks will ultimately lead to the resignation of Rupert Murdoch and his son James, who oversees the company’s British newspapers.

“He’s going to go because there’s no other alternative,” he said, adding later that News Corp. may yet have a “fine future” ahead of it, but only if the Murdoch family steps back. Wolff concluded that Murdoch will ultimately be “pushed upstairs,” with a new CEO taking over News Corp.

Both Rupert and James Murdoch are both scheduled to give testimony before Parliament on Tuesday. So far, 10 people have been arrested in connection to the News International phone hacking scandals.

This video is from Bloomberg, broadcast Monday, July 18, 2011

http://www.rawstory.com/rawreplay/2011/07/murdoch-biographer-predicts-news-corp-chief-to-resign/
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ixion Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-18-11 12:24 PM
Response to Original message
1. The title itself is offensive to true journalism
and indicative of what's wrong with News Corp, in general.

Personally, I hope News Corp goes down with the lot.
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damntexdem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-18-11 12:25 PM
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2. You think Rupert will wish he were never born?
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