Rupert Murdoch is "not a fit person" to exercise stewardship of a major international company, a committee of MPs has concluded, in a report highly critical of the mogul and his son James's role in the News of the World phone-hacking affair. The Commons culture, media and sport ...read more

By Cora Currier: In front of a British government panel this week, Rupert Murdoch denied that he tried to wield political influence or use his media holdings to further the business interests of News Corp. “I take particular pride in the fact that we’ve never pushed our ...read more

British satellite broadcaster BSkyB, part of Rupert Murdoch's UK media business, is facing an escalating investigation into whether it is a "fit and proper" owner of a broadcasting licence, Britain's telecoms regulator said on Thursday. Ofcom said it set up a dedicated team in ...read more

Rupert Murdoch’s media empire, News Corporation, announced on Wednesday that his son James had stepped down as executive chairman of News International, the British newspaper subsidiary that is embroiled in layers of overlapping police and judicial inquiries into phone ...read more

While the Murdochs have been doing their best to keep out of the press over the past few weeks, the scandal that threatened to dismantle their empire is roaring back at them, this time with some allegations that look next to impossible to side step. From the Guardian: Rupert ...read more

Martin Lewis on Rupert Murdoch's motivation to build a reactionary Right Wing press: Murdoch's smarts told him that he could profit mightily if only there was a permanent Conservative government in power in the UK. But how to do that when working class people selfishly ...read more

Despite his best efforts to avoid incriminating himself in Parliament, James Murdoch's testimony has been seriously challenged by two former News of the World senior executives. If Murdoch's account is proven false, the ramifications will be nothing short of devastating. From the ...read more

Matt Taibbi on how the phone hacking scandal was a natural consequence of modern corporate capitalism: Once the media business made the collective decision to always put money above editorial judgment, I think scandals like the News of the World affair became inevitable. ...read more

Two key quotes from Rupert Murdoch and his son James Murdoch during the parliamentary hearing in the UK today (transcript via the Guardian): Rupert Murdoch: I didn't know of it [paying police bribes]. I'm sorry... if I can just say something. And this is not as an excuse - ...read more

While the Murdochs scramble to contain the disaster over the phone hacking scandal, elements out of their control continue to escalate to the point of no return. Over the weekend, former executive of News International Rebekah Brooks was formerly arrested on suspicion of ...read more

Image by HowardLake Succumbing to enormous public pressure, Rebekah Brooks has finally resigned from News Corp. From the Telegraph: Mrs Brooks, 43, was editor of the News of the World at the time that the phone of murdered schoolgirl Milly Dowler was allegedly hacked on behalf ...read more

Breathtaking news from the UK. Via the Guardian: News International announced on Thursday that it is closing the News of the World after this Sunday's edition, with no end in sight to the political and commercial fallout from the phone-hacking scandal after 72 hours of ...read more