WSJ publisher quits, Murdoch’s British chief leaves as mogul tries to stem hacking scandal

[UpInArms]

Source: Washington Post

LONDON — Rupert Murdoch accepted the resignations of The Wall Street Journal’s publisher and the chief of his British operations on Friday as the once-defiant media mogul struggled to control an escalating phone hacking scandal, offering apologies to the public and the family of a murdered schoolgirl.

The scandal has knocked billions off the value of Murdoch’s News Corp., scuttled his ambitions to take control of a lucrative satellite TV company, withered his political power in Britain — and is threatening to destabilize his globe-spanning empire.

The controversy claimed its first Murdoch executive in the United States as Les Hinton, chief executive of the Murdoch-owned Dow Jones & Co. and publisher of the Wall Street Journal, announced he was resigning with immediate effect.

<snip>

Hinton, 67, has worked for Murdoch’s News Corp. for 52 years and is one of the media baron’s staunchest allies. He became head of Dow Jones in December 2007.



Read more: http://www.washingtonpost.com/politics/congress/murdochs-refuse-then-agree-to-be-questioned-by-uk-parliament-fbi-opens-911-hacking-review/2011/07/15/gIQAwxNTFI_story.html?wpisrc=al_national

[Kingofalldems]

1. Closer and closer.....

[babsbunny]

2. to what?

I want to know.

[Kingofalldems]

4. To the top dog.

[UpInArms]

5. to Faux Snooze?

we can hope

[LiberalAndProud]

3. I don't believe Hinton.

I think he's hoping to distance himself from the scandal, but I don't for a second believe that he was ignorant of what was going on, any more than Murdoch. I am glad this is costing Murdoch money, because I doubt we will get real justice in this fiasco. Color me cynical.