You know it’s a big deal when Britain’s largest selling tabloid is shut down overnight. Closed. Full stop.
The News of the World, which sells about 2.6 million copies every week, will go to print for the last time on Sunday. It’s been brought down by one of the most wide-ranging scandals in British history. According to some it’s the scandal that should be ‘on the front page of every newspaper in the world’. A scandal not just of the media industry but of the political spheres on both sides. James Murdoch released a statement today [July 7, 2011] saying the newspaper had failed in its duty to keep checks on itself and that ‘a few wrongdoers’ had turned a good newsroom bad. He said he had authorised out of court payments to phone hacking victims and now realised ‘this was wrong’.
As the sights are aimed at senior News executives, 500 journalists and staff lose their jobs in the closing sacrifice of the 168-year-old paper.
UPDATE: Check out this EXTRAORDINARY interview with a former NOTW ‘journalist’ who talks freely about all the phones he tapped – including Kylie’s, Princess Diana’s and Hugh Grant’s:
Let’s put the pieces of this together.