Rupert Murdoch's decision to close the 168-year-old weekly
British tabloid at the center of a phone-hacking scandal is an
example of what the controlling shareholder of News Corp. does best
_ seize the news agenda, and when necessary, cut his losses.
He's also got his eye on a much bigger prize.
Analysts say the surprisingly bold move to shutter News of the
World, a financial pipsqueak, is the best possible way to stem the
flow of damaging
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment