Murdoch shuts down The News of the World

Summary:

Rupert Murdoch has shut down his best-selling newspaper News of the World after the immense phone-hacking scandal surrounding News of the World. Murdoch’s son James, who runs the UK titles had to tell the staff of the paper that Sunday would be their last edition. This will be the end of the 186-year history of News of the World. There was immediate speculation that the News of the World will be replaced by a Sunday edition of The Sun, with the registration of several the site domain names like TheSunOnSundat.co.uk.

Comment:

I am quite glad to see this happen. I do not really trust Murdoch and I do not believe he did not know about the illegal actions his newspaper was engaging in. He is a businessman solely focused on making profit and this once again proves that if something stops making profit, he just shuts it down. I wonder what will happen to the 200-man staff that made The News of the World. I also think it’s kind of weird that tabloids like The News of the World and The Sun are more popular than normal news papers. But either way, Murdoch still has about 11 other newspapers left so I do not think that he sleeps bad at night.

http://www.guardian.co.uk/media/2011/jul/07/news-of-the-world-rupert-murdoch