British tabloid News of the World, owned by News International, a subsidiary of Rupert Murdoch‘s News Corporation (who, as you know, also owns Fox News Channel) is entangled in a series of hacking allegations in the UK.
News International, parent company of Britain’s top-selling News of the World tabloid, said on Friday it would admit liability and pay compensation in eight cases — although many more people believe they were targeted.
The admission was an about-turn from the media group’s previous denial that it knew journalists were hacking the phones of the royal family, politicians, celebrities and sports stars, blaming a handful of “rogue reporters” for the scandal.
According to TechDirt, the hacking wasn’t limited to politicians and celebrities, but also included a murdered teenage girl whose voicemails were tampered with (some deleted), and families of soldiers who died while fighting in Iraq and Afghanistan. There is also suspicion that the hacking aided two people under investigation for murder by supposedly spying on the detectives involved in the case.
While settling the cases could cost tens of millions of dollars, the damage to Murdoch’s empire is also being seen in more lost advertisers. Ford, among other companies, have pulled ads from News of the World. In a few days, that won’t matter…
It was announced on 7 July 2011 that, after 168 years in print, the newspaper would print its final edition on 10 July 2011 following revelations of the ongoing phone hacking scandal, with the loss of 200 jobs.
No advertisements will run in this weekend’s paper – instead any advertising space will be donated to charities and good causes.