{"id":819,"date":"2011-07-08T10:12:00","date_gmt":"2011-07-08T00:12:00","guid":{"rendered":"http:\/\/www.frostglobal.com\/?p=819"},"modified":"2013-06-02T16:36:52","modified_gmt":"2013-06-02T06:36:52","slug":"it-had-to-happen-the-end-of-news-of-the-world","status":"publish","type":"post","link":"https:\/\/www.frostglobal.com\/?p=819","title":{"rendered":"The end of the News of the World"},"content":{"rendered":"<p style=\"text-align: center;\">\n<p style=\"text-align: center;\"><img loading=\"lazy\" class=\"aligncenter size-full wp-image-822\" title=\"NOTW\" src=\"http:\/\/www.frostglobal.com\/wp-content\/uploads\/\/2011\/07\/photo1.png\" alt=\"\" width=\"491\" height=\"586\" srcset=\"https:\/\/www.frostglobal.com\/wp-content\/uploads\/2011\/07\/photo1.png 768w, https:\/\/www.frostglobal.com\/wp-content\/uploads\/2011\/07\/photo1-251x300.png 251w\" sizes=\"(max-width: 491px) 100vw, 491px\" \/><\/p>\n<p style=\"text-align: justify;\">The United Kingdom&#8217;s biggest selling newspaper is set to close this Sunday. In an unprecedented move <strong>News International Chairman James Murdoch<\/strong> has ordered the closure of the <strong>168 year old News of the World (<em>NOTW<\/em>) <\/strong>tabloid. Despite a <a href=\"http:\/\/mumbrella.com.au\/murdoch-closes-scandal-riven-news-of-the-world-51759\">circulation<\/a> of nearly <strong>3 million <\/strong>and a readership estimated at <strong>7.5m<\/strong> every Sunday, the <strong>News Corporation<\/strong> group newspaper had had its reputation severely damaged from the phone hacking scandal that has left the British public and politicians in uproar.<\/p>\n<p style=\"text-align: justify;\">According to the <a href=\"http:\/\/www.bbc.co.uk\/news\/uk-politics-12253968\"><strong>BBC<\/strong><\/a><strong>,<\/strong> the first story published to raise concerns of phone hacking by NOTW was a November 2005 article about a knee injury <strong>Prince William<\/strong> sustained, which prompted fears that his aides&#8217; phone voicemail messages were being intercepted. Whilst the turmoil over the hacking  has been brewing in the United Kingdom for many years, it was not until this week that <strong>News International<\/strong> and parent-company <strong>News Corporation <\/strong>took the decisive move to shut down NOTW as more phone hacking allegations came to light. Allegations that the phones of a murdered girl and the relatives of dead soldiers had been hacked on top of the hundreds of celebrities, politicians and royals was enough for <strong>James Murdoch<\/strong> to close the curtain on the paper this weekend.<\/p>\n<p style=\"text-align: center;\"><object id=\"ep\" classid=\"clsid:D27CDB6E-AE6D-11cf-96B8-444553540000\" width=\"416\" height=\"374\"><param name=\"allowfullscreen\" value=\"true\" \/><param name=\"allowscriptaccess\" value=\"always\" \/><param name=\"wmode\" value=\"transparent\" \/><param name=\"movie\" value=\"http:\/\/i.cdn.turner.com\/cnn\/.element\/apps\/cvp\/3.0\/swf\/cnn_416x234_embed.swf?context=embed&#038;videoId=world\/2011\/07\/07\/dnt.mann.news.world.hacking.cnn\" \/><param name=\"bgcolor\" value=\"#000000\" \/><\/object><\/p>\n<p style=\"text-align: justify;\">The allegations that the hacking had gone beyond public figures this week also saw many advertisers withdraw their ad spend in the Murdoch daily. Companies such as <strong>Halifax<\/strong>, <strong>Virgin Holidays<\/strong>, <strong>Renault<\/strong>, <strong>Vauxhall<\/strong> (UK&#8217;s <strong>General Motors<\/strong> brand), <strong>Mitsubishi<\/strong>, <strong>Aldi<\/strong>, <strong>Ford<\/strong>, <strong>O2<\/strong>, <strong>3 mobile<\/strong>, supermarket <strong>Sainsbury<\/strong> and <strong>Boots<\/strong> all withdrew advertising from the newspaper in the last few days. According to <a href=\"http:\/\/www.guardian.co.uk\/media\/2011\/jul\/07\/news-of-the-world-rupert-murdoch?CMP=twt_fd\">reports<\/a> <a href=\"http:\/\/www.guardian.co.uk\/media\/2011\/jul\/07\/news-of-the-world-rupert-murdoch?CMP=twt_fd\">NOTW<\/a> takes about <strong>?660,000<\/strong> in advertising income each weekend.<\/p>\n<p style=\"text-align: justify;\">In a <a href=\"http:\/\/www.newsoftheworld.co.uk\/notw\/public\/nol_public_news\/1347103\/News-International-today-announces-that-this-Sunday-10-July-2011-will-be-the-last-issue-of-the-News-of-the-World.html\">statement released <\/a>on Thursday (7 July) <strong>James Murdoch<\/strong> said that the steps taken to close the paper were to address a very serious problem and that <strong>News Corporation<\/strong> is committed to journalism and a free press. He said,<\/p>\n<blockquote><p>&#8220;&#8230;The good things the News of the World does, however, have been sullied by <strong>b<\/strong><strong>ehaviour that was wrong. Indeed, if recent allegations are true, it was inhuman and has no place in our Company. <\/strong>The News of the World is in the business of holding others to account. But it failed when it came to itself.<\/p>\n<p>In 2006, the police focused their investigations on two men. Both went to jail. But the News of the World and News International failed to get to the bottom of repeated wrongdoing that occurred without conscience or legitimate purpose. Wrongdoers turned a good newsroom bad and this was not fully understood or adequately pursued.<\/p>\n<p>As a result, the News of the World and News International wrongly maintained that these issues were confined to one reporter. We now have voluntarily given evidence to the police that I believe will prove that this was untrue and those who acted wrongly will have to face the consequences&#8230;.&#8221;<\/p><\/blockquote>\n<p style=\"text-align: justify;\"><strong>Mr Murdoch<\/strong> went on to confirm in his statement that the Company had paid out-of-court settlements and that there are two major and ongoing police investigations, which <strong>News International<\/strong> are cooperating with &#8220;fully and actively&#8221;. Other key steps which <strong>News International<\/strong> have taken to repair the fallout from the scandal includes:<\/p>\n<ul style=\"text-align: justify;\">\n<li>admitting liability in civil cases<\/li>\n<li>established a Compensation Scheme, with cases to be adjudicated by former High Court judge <strong>Sir Charles Gray<\/strong>.<\/li>\n<li>established an internal Management and Standards Committee<\/li>\n<li>hired <strong>Olswang<\/strong> to examine past failings and recommend systems and practices that in the future should become industry standard<\/li>\n<li>welcomed broad public inquiries into press standards and police practices<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Mr Murdoch<\/strong> said that it was necessary to take &#8220;decisive action&#8221; hence the last edition of the paper will be published this Sunday. <strong>Colin Myler<\/strong> will edit this final edition of the paper that was bought by <strong>Rupert Murdoch<\/strong> in <strong>1969<\/strong>.<\/p>\n<p style=\"text-align: justify;\"><strong>Mr James Murdoch<\/strong> also said,<\/p>\n<blockquote><p>&#8220;&#8230; In addition, I have decided that all of the News of the World&#8217;s revenue this weekend will go to good causes.<\/p>\n<p>While we may never be able to make up for distress that has been caused, the right thing to do is for every penny of the circulation revenue we receive this weekend to go to organisations &#8211; many of whom are long-term friends and partners &#8211; that improve life in Britain and are devoted to treating others with dignity.<\/p>\n<p>We will run no commercial advertisements this weekend. Any advertising space in this last edition will be donated to causes and charities that wish to expose their good works to our millions of readers.<\/p>\n<p><strong>These are strong measures. They are made humbly and out of respect. I am convinced they are the right thing to do.<\/strong>&#8220;<\/p><\/blockquote>\n<p style=\"text-align: justify;\">The full statement by <strong>Mr James Murdoch<\/strong> can be <a href=\"http:\/\/www.guardian.co.uk\/media\/2011\/jul\/07\/news-of-the-world-rupert-murdoch?CMP=twt_fd\">read here<\/a>.<\/p>\n<p><img loading=\"lazy\" class=\"aligncenter size-medium wp-image-820\" title=\"The Independent Front Cover\" src=\"http:\/\/www.frostglobal.com\/wp-content\/uploads\/\/2011\/07\/photo-229x300.png\" alt=\"\" width=\"229\" height=\"300\" srcset=\"https:\/\/www.frostglobal.com\/wp-content\/uploads\/2011\/07\/photo-229x300.png 229w, https:\/\/www.frostglobal.com\/wp-content\/uploads\/2011\/07\/photo.png 768w\" sizes=\"(max-width: 229px) 100vw, 229px\" \/><\/p>\n<p style=\"text-align: justify;\">Earlier in the week <strong>Rupert Murdoch<\/strong>, Chairman and CEO of of <strong>News International&#8217;s parent,<\/strong> <strong>News Corporation<\/strong> <a href=\"http:\/\/www.newscorp.com\/news\/news_491.html\">said<\/a>,<\/p>\n<blockquote><p>&#8220;Recent allegations of phone hacking and making payments to police with respect to the News of the World are deplorable and unacceptable. I have made clear that our company must fully and proactively cooperate with the police in all investigations and that is exactly what News International has been doing and will continue to do under Rebekah Brooks? leadership.<\/p>\n<p>We are committed to addressing these issues fully and have taken a number of important steps to prevent them from happening again. I have also appointed Joel Klein to provide important oversight and guidance and Joel and Viet Dinh, an Independent Director, are keeping News Corporation?s Board fully advised as well.&#8221;<\/p><\/blockquote>\n<p style=\"text-align: justify;\">The decision to close the NOTW appeared to be the only step left that the Murdoch empire could take in order to slow the outrage that has been growing in the UK and has now gained significant attention overseas. As <strong>News Corporation<\/strong> seeks to win <strong>UK Government<\/strong> approval of its takeover of <strong>British Sky Broadcasting<\/strong> for <strong>?7.8 billion<\/strong> the phone hacking scandal allegations has put a dent in this takeover and <strong>BSkyB <\/strong>shares are <a href=\"http:\/\/www.guardian.co.uk\/business\/2011\/jul\/07\/shares-rupert-murdoch-companies?intcmp=239\">trading down<\/a> <strong>5%<\/strong> this week, wiping some <strong>?666 million<\/strong> off the value of the business as <strong>News Corporation<\/strong> seeks to takeover the remaining <strong>61% <\/strong>of <strong>BSkyB<\/strong>. There is <a href=\"http:\/\/www.heraldsun.com.au\/news\/world\/bskyb-bid-at-risk-from-phone-tapping-scandal\/story-e6frf7lf-1226090292611\">growing pressure<\/a> for the <strong>British Government<\/strong> to withhold approval of the takeover in light of the phone hacking scandal.<\/p>\n<p style=\"text-align: justify;\">What more hacking allegations are alleged over the next days and weeks only time will tell, but the ongoing furore of this scandal has certainly damaged the reputation of <strong>News International <\/strong>in the UK and is beginning to damage the global image of the Murdoch media empire. The move to close <strong>NOTW<\/strong> has brought <a href=\"http:\/\/www.guardian.co.uk\/media\/2011\/jul\/07\/news-of-the-world-rupert-murdoch\">speculation<\/a> that the Sunday paper will be replaced its weekly sister paper <strong>The Sun<\/strong> as the domain names <strong>TheSunOnSunday.co.uk<\/strong>, <strong>TheSunOnSunday.com <\/strong>and <strong>SunOnSunday.co.uk<\/strong> were registered two days ago.<\/p>\n<p style=\"text-align: justify;\">The unprecedented move to close <strong>News International&#8217;s <\/strong>most successful tabloid is a sign of the seriousness of the phone hacking scandal and is the first step for <strong>News International<\/strong> to rebuild its brand the UK and ensure a successful takeover of pay-TV giant <strong>BSkyB.<\/strong> For the record <strong>News Corporation<\/strong> shares in Australia are down <strong>3.61%<\/strong> or <strong>$0.62 cents <\/strong>to <strong>$16.55 <\/strong>in earlier trade on Friday (8 July), according to <strong>Bloomberg&#8217;s iPad App<\/strong>.<\/p>\n<p style=\"text-align: justify;\"><strong>Sources:<\/strong><\/p>\n<p><strong><a href=\"http:\/\/www.guardian.co.uk\/media\/2011\/jul\/07\/news-of-the-world-rupert-murdoch\">News of the World to close as Rupert Murdoch acts to limit fallout &#8211; the Guardian<\/a><\/strong><\/p>\n<p><strong><a href=\"http:\/\/www.guardian.co.uk\/business\/2011\/jul\/07\/shares-rupert-murdoch-companies?intcmp=239\">Shares in Rupert Murdoch&#8217;s companies tumble as investors take fright &#8211; the Guardian<\/a><\/strong><\/p>\n<div>\n<p><strong><a href=\"http:\/\/www.heraldsun.com.au\/news\/world\/bskyb-bid-at-risk-from-phone-tapping-scandal\/story-e6frf7lf-1226090292611\">BSkyB bid at risk from phone tapping scandal &#8211; Herald Sun<\/a><\/strong><\/p>\n<p><strong><a href=\"http:\/\/www.newsoftheworld.co.uk\/notw\/public\/nol_public_news\/1347103\/News-International-today-announces-that-this-Sunday-10-July-2011-will-be-the-last-issue-of-the-News-of-the-World.html\">Murdoch closes the News of the World &#8211; News of the World<\/a><\/strong><\/p>\n<p><strong><a href=\"http:\/\/www.news.com.au\/world\/phone-hacking-families-of-dead-soldiers-may-have-been-targeted\/story-e6frfkyi-1226090039831\">Arrest imminent as the News of the World to shut down in wake of phone hacking scandal &#8211; News.com.au<\/a><\/strong><\/p>\n<p><strong><a href=\"http:\/\/www.telegraph.co.uk\/news\/uknews\/crime\/8620342\/News-of-the-World-phone-hacking-advertisers-pull-out.html\">News of the World phone hacking: advertisers pull out &#8211; The Telegraph<\/a><\/strong><\/p>\n<p><strong><a href=\"http:\/\/mumbrella.com.au\/murdoch-closes-scandal-riven-news-of-the-world-51759\">Murdoch closes News Of The World over voicemail hacking scandal<\/a><\/strong><\/p>\n<p id=\"mainTitle\"><strong><a href=\"http:\/\/www.newscorp.com\/news\/news_491.html\">Statement from Rupert Murdoch, Chairman and Chief Executive Officer, News Corporation<\/a><\/strong><\/p>\n<div>\n<p><strong><a href=\"http:\/\/www.theaustralian.com.au\/business\/media\/britains-scandal-hit-news-of-the-world-to-shut-says-james-murdoch\/story-e6frg996-1226090306363\">Britain&#8217;s scandal-hit News of the World to shut, says James Murdoch &#8211; The Australian<\/a><\/strong><\/p>\n<p><a href=\"http:\/\/www.bbc.co.uk\/news\/uk-14070733\"><strong>News of the World to close amid hacking scandal &#8211; BBC News<\/strong><\/a><\/p>\n<p><strong><a href=\"http:\/\/www.bbc.co.uk\/news\/uk-politics-12253968\">Timeline: News of the World phone-hacking row<\/a><\/strong><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The United Kingdom&#8217;s biggest selling newspaper is set to close this Sunday. In an unprecedented move News International Chairman James Murdoch has ordered the closure of the 168 year old News of the World (NOTW) tabloid. Despite a circulation of nearly 3 million and a readership estimated at 7.5m every Sunday, the News Corporation group&hellip; <a class=\"more-link\" href=\"https:\/\/www.frostglobal.com\/?p=819\">Continue reading <span class=\"screen-reader-text\">The end of the News of the World<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false},"categories":[6,39,72,70],"tags":[552,549,78,375,554,557,177,550,547,543,539,548,1304,71,540,551,541,542,545,73,553,555,558,556,546,544],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p25SQa-dd","jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.frostglobal.com\/index.php?rest_route=\/wp\/v2\/posts\/819"}],"collection":[{"href":"https:\/\/www.frostglobal.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.frostglobal.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.frostglobal.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.frostglobal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=819"}],"version-history":[{"count":12,"href":"https:\/\/www.frostglobal.com\/index.php?rest_route=\/wp\/v2\/posts\/819\/revisions"}],"predecessor-version":[{"id":1955,"href":"https:\/\/www.frostglobal.com\/index.php?rest_route=\/wp\/v2\/posts\/819\/revisions\/1955"}],"wp:attachment":[{"href":"https:\/\/www.frostglobal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.frostglobal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=819"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.frostglobal.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}