The phone hacking scandal that his News of the World is spreading across the whole of News International with reports of the FBI investigating claims that families of victims of the 9/11 attacks had their phones hacked for stories.
Only yesterday Rupurt Murdoch said that Rebekah Brooks still had his full support, however, today she stepped down as CEO of the world’s largest news and media company.
This resignation does not remove her from investigations, she is still being called to answer questions from parliament and there is an ongoing police investigation into the allegations in the UK as well as the new FBI investigations in America.
The Sky takeover seems to now be officially off with no sign of any plans or agreements of a possible deal in the future. All parties is parliament agreed that the takeover had to be reviewed by the competitions commission in light of the recent phone hacking scandals.
Now the spotlight is moving on to James Murdoch to uncover his knowledge and involvement in the phone hacking. He is known to have sign off payments to the police, although in a television interview said that he never questioned why they were paying the police any sum.
Tom Mockridge is the new CEO of News International
Tom Mockridge who was CEO of Foxtel who started out with the Sydney Morning Herald has taken the role of CEO. Mockridge’s role with Foxtel, which was a join venture between News Corp and Telstra, involved working out solutions to overcome several regulatory hurdles. This could be a sign that News International are still planning a move on BSkyB.
No doubt there will be a lot more news on this story to come.