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Edition: U.S. Article Comments (12) Slideshow Video Follow Reuters Facebook Twitter RSS YouTube Read Mississippi most obese state, Colorado least 11:42am EDT Casey Anthony will be released from jail July 13 | 1:16pm EDT Hackers expose flaw in Apple iPad, iPhone software 06 Jul 2011 "Nanny" defamation case resumes against Casey Anthony 2:12pm EDT Instant view:Murdoch's News of the World to shut after 168 years 1:14pm EDT Discussed 210 Minnesota government shutdown begins after talks fail 129 Obama: ending tax breaks required to cut deficit 99 Jury resumes deliberations in Casey Anthony murder trial Watched Giant dust storm hits Arizona Tue, Jul 5 2011 A Tokyo-Paris flight in under three hours on the horizon Fri, Jun 24 2011 Skyping on Facebook Wed, Jul 6 2011 Hack job! Murdoch axes paper to save deal Tweet Share this Email Print Factbox News of the World closes over hacking scandal 1:00pm EDT Related News Newspaper scandal eases Murdoch grip on UK politics 3:09pm EDT Murdoch statement on News of the World closure 12:23pm EDT James Murdoch defends executive Brooks 3:03pm EDT PM wants News of the World wrongdoers to face action 1:22pm EDT Hacking scandal tests Murdoch's political skills 3:34pm EDT Analysis & Opinion Tech wrap: Facebook zooms into video age Murdoch’s UK crisis could bring big indirect costs Related Topics Entertainment » Fashion » Technology » Related Video UK's News of the World to close 5:56pm EDT Murdoch regrets hacking, supports Brooks 1 / 8 A security guard stands at the entrance to News International offices in Wapping, London, July 7, 2011. Credit: Reuters/Paul Hackett By Kate Holton and Georgina Prodhan LONDON | Thu Jul 7, 2011 4:53pm EDT LONDON (Reuters) - In an astonishing response to a scandal engulfing his media empire, Rupert Murdoch shut down the News of the World on Thursday, Britain's biggest selling Sunday newspaper. 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. Yet no one, least of all the paper's 200 staff, was prepared for the drama of a single sentence that will surely go down as one of the most startling turns in the 80-year-old Australian-born press baron's long and controversial career. "News International today announces that this Sunday, 10 July 2011, will be the last issue of the News of the World," read the preamble to a statement from Murdoch's son James, who chairs the British newspaper arm of News Corp. Staff gasped and some sobbed as they were told of the planned closure of the 168-year-old title, the profits of whose final edition will go to charity. "No one had any inkling at all that this was going to happen," said Jules Stenson, features editor of News of the World, outside the News International offices. It seemed a bold gamble, sacrificing a historic title that is suffering from the long-term decline of print newspapers to stave off a threat to plans to expand in television: "Talk about a nuclear option," said a "gobsmacked" Steven Barnett, professor of communications at Westminster University. But some analysts predicted Murdoch would make The Sun, the tabloid daily that is Britain's best-selling newspaper, a seven-day operation and that the demise of the News of the World would ultimately benefit News International's bottom line. Nevertheless, Murdoch still faces pressure to remove his close confidante and top British newspaper executive Rebekah Brooks, a friend of Prime Minister David Cameron. Her editorship of the News of the World a decade ago is at the heart of some of the gravest accusations. The scandal has tarnished Cameron, who picked as his communications director a former News of the World editor who resigned over the hacking affair. The Guardian newspaper reported on Thursday that the journalist, Andy Coulson, would be arrested on Friday. Police declined to comment. INHUMAN Praising a fine muck-raking tradition at the paper, which his father bought in 1969, James Murdoch wrote in a statement to stunned staff that the explosion of a long-running scandal over phone hacking by journalists had made the paper unviable. "The good things the News of the World does ... have been sullied by behavior that was wrong. Indeed, if recent allegations are true, it was inhuman and has no place in our company. The News of the World is in the business of holding others to account. But it failed when it came to itself." It was unclear whether the company would produce a replacement title for the lucrative Sunday market, in which, despite difficult times for newspaper circulations, the News of the World is still selling 2.6 million copies a week. One option, analysts said, might be for its daily sister paper the Sun to extend its coverage to a seventh day - an option that some commentators said was already in train. The website www.sunonsunday.co.uk was registered on Tuesday this week but the party who registered it opted to keep their identity secret. TELEVISION TAKEOVER Stephen Adams, a fund manager at Aegon asset management, which is one of the biggest shareholders in BSkyB, told Reuters he saw News Corp's move as "something to restore or remedy a tarnished reputation for the News Corp group. "But we also critically see it as a reflection of News Corp's desire to progress the BSkyB bid and have full ownership of the company." Cameron's right of center government had already given an informal blessing to the takeover, despite criticism on the left that it gave Murdoch too much media power. The storm of outrage at the News of the World turned attention on Cameron's own links to the paper and to other News Corp executives, including Brooks, a regular guest of the Camerons. Growing popular and political anger over the phone hacking saga had fostered concerns among investors that there could be snags in securing final approval for the $14-billion bid. SEETHING ANGER Journalists said that an emotional editor Colin Myler had read out the announcement at the east London newsroom where Murdoch changed the face of British journalism in the 1980s by breaking the power of the printing unions. "People are just in a complete state of shock," said one journalist who asked not to be named. Asked how staff felt toward Brooks, the reporter said there was a sense of "seething anger" and "pure hatred" directed toward her: "We think they're closing down a whole newspaper just to protect one woman's job. Opposition leader Ed Miliband said Brooks should go, echoing the view of the journalists' trade union. The union said some sub-editors at The Sun had walked out in support of their colleagues on Thursday evening. However, James Murdoch made clear Brooks remained in place as chief executive, telling Sky News he was satisfied Brooks knew nothing of the crimes allegedly committed when she was editor. One employee of the doomed paper told Reuters: "We didn't expect it at all. We had no indication. The last week has been tough. None of us have done anything wrong. We thought we were going to weather the storm." One source at News International said the decision had been taken and acted upon with little delay. WAR DEAD Investigations into phone hacking at the News of the World have been bubbling for several years and until recently only celebrities and other well-known figures were believed to have been victims. But the scandal exploded earlier this week after revelations an investigator working for the paper may have listened to -- and deleted -- the voicemail messages of a missing 13-year-old schoolgirl, later found murdered. The scandal deepened on Thursday with claims News of the World hacked the phones of relatives of British soldiers killed in action in Iraq and Afghanistan. Britain's military veterans' association broke off a joint lobbying campaign with the paper and said it might join major brands in pulling its advertising. Many of the paper's readers are ardent supporters of the armed forces so suggestions it may have hacked the phones of the families of grieving service personnel only further alienated a core readership already horrified by suggestions its reporters accessed the voicemails of missing children and bombing victims. Shortly before the announcement the paper would be closing for good, advertising website Brand Republic said the paper had lost all advertising for this weekend's edition. News Corp wants to buy out the 61 percent of BSkyB it does not already own. The government has said the News of the World case should not affect that. But U.S. shares in News Corp fell over 5 percent on Wednesday, though they recovered somewhat in a stronger general market on Thursday. Formal approval for the deal had been expected within weeks after the government gave its blessing in principle. But it now seems unlikely for months, although officials denied suggestions that they were delaying a decision because of the scandal. "The Secretary of State has always been clear that he will take as long as is needed to reach a decision. There is no 'delay' since there has been no set timetable for a further announcement," a government spokesman said. Some British media reported that a decision was now expected in September. The main accusations are that journalists, or their hired investigators, took advantage of often limited security on mobile phone voicemail boxes to listen in to messages left for celebrities, politicians or people involved in major stories. Disclosure that the practice involved victims of crime came when police said a private detective working for the News of the World in 2002 hacked into messages left on the phone of murdered schoolgirl Milly Dowler while police were still looking for her. Police have also been criticized over allegations officers took money from the News of the World for information. London's Evening Standard newspaper said on Thursday that police officers took more than 100,000 pounds ($160,000) in payments from senior journalists and executives at the paper. Analysts believe the global Murdoch empire, which includes Fox television and the Wall Street Journal, can weather a storm of reproach from advertisers, readers and politicians in Britain -- though there were signs of international ramifications. In Murdoch's native Australia, the leader of the Greens party said he wants the government to examine the ramifications on Australia of the phone hacking scandal. (Writing by Alastair Macdonald and Jodie Ginsberg; Editing by Jon Boyle) Entertainment Fashion Technology Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (12) SanPa wrote: Fox News Business has coverage about the impact of inquiries on News Corp share prices. Otherwise, this story does not rate attention by Fox. Jul 07, 2011 9:01am EDT -- Report as abuse Majick1 wrote: Are you all missing the scope of this discovery?? It is far more than a newspaper invading the privacy of helpless victims to get a story. EVERYONE can do this so what makes you think you have any privacy at all. Businesses are spying on their competition as well as politicians. Your security is in your own hands, change your pins regularly. Do you want your wife, boy friend, neighbor, priest or whatever to see your messages? If damage is done to your reputation you can’t even prove who did it so play safe with your personal information. Jul 07, 2011 11:12am EDT -- Report as abuse sarice wrote: What possible justification for further victimizing innocent people (the employees that were not taking part in the behavior of hacking). Unless he means to imply that everyone was, in which case the guilty parties certainly are not exclusively workig for NoW. Seems like a desperate move to avoid an inquiry into ultimate culpability that may lead straight to the top. Jul 07, 2011 12:33pm EDT -- Report as abuse See All Comments » Add Your Comment Social Stream (What's this?) © Copyright 2011 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Super Lawyers Attorney Rating Service Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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