Rupert Murdoch’s News Corporation announced Wednesday it has dropped its bid for satellite TV giant British Sky Broadcasting amid mounting pressure over the phone hacking scandal that has rocked his empire.
AP - In a stunning retreat, Rupert Murdoch’s News Corp. media empire dropped its bid Wednesday to take over full control of British Sky Broadcasting amid a political and legal firestorm over phone hacking at one of its British newspapers.
France24's Benedicte Paviot reports from London
The scandal cost another media executive his job. News International, the British unit of News Corp., said its legal director, Tom Crone, had left the company. Crone had led an internal inquiry that concluded only two people at the News of the World had been involved in phone hacking of celebrities, politicians, top athletes and murder victims - a stance that collapsed as numerous revelations tumbled out this year.
Cameron appointed Lord Justice Brian Leveson to lead the inquiry, which will be able to compel witnesses - including government figures - to give evidence under oath.
Date created : 2011-07-13