The Fold: News of the World
Rupert Murdoch’s News Corporation-owned British tabloid abruptly shuttered its presses
today after finding itself engulfed in a phone-hacking scandal. The weekly’s unethical — and illegal — journalism techniques were hitting News Corp. hard. The paper was losing advertisers and News Corp.’s stock was plunging because of the scandal. And yet, was this unexpected?
At a press conference in August 2009, Murdoch said this:
Quality journalism is not cheap.
And earlier that year, in June, he told Neil Cavuto of Fox Business:
I can see the day — and it may be 20 years away — where you don’t actually have paper and ink and printing presses.
Maybe it was cheaper to hack phones and call it a day when caught than try to produce “quality journalism.”
This entry was posted in Uncategorized
. Bookmark the permalink