LONDON – Rupert Murdoch will shut down Britain’s biggest selling Sunday newspaper, the News of the World, in a startling response to a scandal engulfing his media empire. As allegations multiplied that its journalists hacked the voicemails of thousands of people, from child murder victims to the families of Britain’s war dead, the tabloid hemorrhaged advertising, alienated millions of readers and posed a growing threat to Murdoch’s hopes of buying broadcaster BSkyB . The announcement, one of the most dramatic in the 80-year-old press baron’s controversial career, is widely seen as an effort to prevent the crisis from spreading beyond the News of the World to more lucrative parts of Murdoch’s…
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on July 7, 2011. Filed under