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The Murdoch empire has had to http://www.bbc.co.uk/news/business-14142307" is this the end of the company that bought us the appalling Fox news and authorised despicable journalist tactics?
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ryan_m_b said:The Murdoch empire has had to http://www.bbc.co.uk/news/business-14142307" is this the end of the company that bought us the appalling Fox news and authorised despicable journalist tactics?
daveb said:Despicable journalist tactics have been around since at least Hearst, and probably even before that.
Despite that, just because an investigation might begin, it doesn't mean the corporation will be destroyed. I could be wrong but I don't think the government has the authority to shut it down, nor penalize it enough that it is forced to shut down (or rather, that this would ever pass Supreme Court muster, despite the government's efforts to do so).
daveb said:While I agree with you in principle, I think that no matter what happens, there will always be certain people who will support NewsCorp no matter what.
ryan_m_b said:Unless a US probe reveals the allegations over the attempted phone hacking of 9/11 victims is true.
Proton Soup said:i thought that came from a brit tabloid, though.
wuliheron said:Fox news media is dedicated to the professional wrestling style of trash talk and such scandals are no different from the occasional steroid controversy or a fight that turns out to be fixed. It can be a setback, but it is just one of the routine hazards of the industry and not the end of the world. They rely heavily on the fact that their audiences are tuning in specifically to suspend their disbelief and be entertained.
Nor is this even vaguely new. Over a hundred years ago the American mass media became so infamous for sensationalism the term "yellow journalism" was invented. We invented the libel laws and whatnot to bring a little order to the fray, but such things just force the industry to find more creative ways to promote hate mongering and sensationalism.
AlephZero said:Nope. See http://www.bbc.co.uk/news/world-us-canada-14132168
But when your lawyers start jumping ship, you must be REALLY in trouble ... "News International's legal manager Tom Crone, who primarily worked at the News of the World and on the Sun, has left the company". http://www.bbc.co.uk/news/business-14142307
The inquiry was prompted in part by a letter from Representative Peter T. King, a Long Island Republican, to Robert S. Mueller III, the F.B.I. director, in which he asked that the bureau immediately open an investigation of News Corporation, citing news reports that journalists working for its subsidiary, The News of the World, had tried to obtain the phone records of 9/11 victims through bribery and unauthorized wiretapping, the people said.
Ivan Seeking said:True to a point, but in another sense I think not. The modern media, and in particular the Fox/Limbaugh/Beck/Hate radio phenomena, bring to mind the early days of the media when aliens attacked Grover's Mill, no game shows were rigged, commercials told the Gospel truth, and TV people and families represented reality. Eventually people wise up. Anything that helps to legitimately discredit this plague on society is a good thing.
cobalt124 said:This is one thing that needed to happen:
http://www.bbc.co.uk/news/uk-14166162
We should now at least be rid of Rupert Murdochs influence over the British Government and put to an end the apparent collusion between them both and the police.
There's no "suggestion". That's what the US law says...ryan_m_b said:A senator was interviewed last night on a British news channel, I don't remember his name but he was suggesting that US anti-bribery laws apply to US companies regardless of where the bribery occurs.
... and according to the UK Financial Times, the current FBI strategy is to wait for the UK investigations to do the leg work before they consider whether the US law was broken. There is a separate US legal issue about (not) reporting the payments in the company accounts, even if they were legal.One of the aspects of this scandal is that News International (the British arm of News Corp) allegedly paid off police officers for information.
AlephZero said:There's no "suggestion". That's what the US law says...
... and according to the UK Financial Times, the current FBI strategy is to wait for the UK investigations to do the leg work before they consider whether the US law was broken. There is a separate US legal issue about (not) reporting the payments in the company accounts, even if they were legal.
BTW another top lawyer has jumped - Newcorp's general counsel Lon Jacobs (source: FT).
A resignation a day keeps the ... hmm, not sure. But I guess if you want to appease the gods by sacrificing virgins, Mr Brooks might not be the ideal choice.
AlephZero said:Just when "another day, another resignation" was getting tedious, something new for the conspiracy theorists to get their teeth into: http://www.bbc.co.uk/news/uk-14194623
The firm grades companies' governance from A to F, and for the past six years News Corp. has received an F -- "only because there is no lower grade," says Nell Minow, who co-founded The Corporate Library in 1999 on the premise that governance "can be rated like bonds, from triple-A to junk." News Corp.'s overall risk, says the prophetic report: "very high." Risk of class-action securities litigation: "very high." Scandal-related lawsuits are already piling up.
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