Following yesterday’s shocking and sudden shutdown of the 168 year old, Rupert Murdoch-own tabloid News Of The World, conspiracies theories are running rampant.
We’ve already noted that many people suspect Murdoch shut down the paper to protect its former editor Rebekah Brooks who, by all accounts, is like a second daughter to Rupe.
More obvious, is that Murdoch is trying to protect his big BSkyB deal, which has been in the works for months and needs government approval. In this case, it may be too little too late.
Meanwhile, Reuters law reporter Alison Frankel thinks his motives might be more nefarious. Now that Murdoch has shut down the paper he can destroy its records.
Per Frankel: Murdoch may not be “not be obliged to retain documents that could be relevant to civil and criminal claims against the newspaper–even in cases that are already underway. That could mean that dozens of sports, media, and political celebrities who claim News of the World hacked into their telephone accounts won’t be able to find out exactly what the tabloid knew and how it got the information.”
Read More at Business Insider by Glynnis MacNicol, Business Insider
Photo credit: World Economic Forum (Creative Commons)
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