NewsCorp Caught Up In New Scandal

Things are going from bad to worse over at Rupert Murdoch’s NewsCorp Empire.  This time, the victims are actually the very people who pay the NewsCorp bills: the advertisers.  And in this case, it’s European advertisers in The Wall Street Journal.

The Guardian reports:

One of Rupert Murdoch’s most senior European executives has resigned following Guardian inquiries about a circulation scam at News Corporation’s flagship newspaper, the Wall Street Journal.

The Guardian found evidence that the Journal had been channelling money through European companies in order to secretly buy thousands of copies of its own paper at a knock-down rate, misleading readers and advertisers about the Journal’s true circulation.

The bizarre scheme included a formal, written contract in which the Journal persuaded one company to co-operate by agreeing to publish articles that promoted its activities, a move which led some staff to accuse the paper’s management of violating journalistic ethics and jeopardising its treasured reputation for editorial quality.

This actually constitutes a crime in the UK.  So who still thinks that letting Murdoch get his hands on The Wall Street Journal was a good idea?  Anyone? Anyone?


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6 thoughts on “NewsCorp Caught Up In New Scandal

  1. I’m not at all surprised by this, because Rupert Murdoch has fostered a “profits at any cost” mentality at the various News Corp holdings, at the expense of journalistic integrity, honor, and honesty.

    As an unrelated sidenote, this was the 5,000th post on Blogging Blue.

      1. First you need to learn to spell Porsche, then we can talk.

        However, much as Scott Walker and Republicans would have you believe we public employees are haves, I drive a 6 year old Ford and my wife drives an 8 year old Ford, so we don’t have a Porsche to give you.

        1. How about a set of steak knives then? You can have Alec Baldwin present them to me.

          And 10 BONUS points for the name of the movie from which that scene emerged!

            1. Give that man a set of steak knives! Yes, one of my most favorite unpleasant movies. The true spirit of capitalism: lying, stealing and cheating. Should be required TeaOP viewing.

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