There is some excitement about today's committee report because, after all, if the Parliamentary committee to which Ofcom reports to calls Rupert Murdoch unfit, how can Ofcom say otherwise? The problem is it's never quite been explained what "fit and proper" actually means. And of course, Ofcom was created as an independent body for a reason.
In an interview with The Wall Street Journal yesterday, Rupert Murdoch was hanging tough.
He said that in the massive phone-hacking scandal that has embroiled British Parliament, shuttered his biggest British newspaper and scuttled his $14 billion bid to take control of British satellite broadcaster BSkyB, his company had lost "nothing that will not be recovered."
"We have a reputation of great good works in this country," he told the Journal, and added that his reaction to the press surrounding the controversy was that he was "just getting annoyed."(1)
We don't know yet what the future holds for Rupert Murdoch and his media empire. What we do know, though, is that he's acting a lot less worried than the non-Murdoch media world thinks he ought to be.
Yes, he's just absorbed another setback, ducking out of a bid to take over the remaining shares in British satellite broadcaster BSkyB, of which he presently owns a minority stake.
We've seen scandals before at News Corp. properties, and in normal circumstances, the obsession with the fates of these editors would be a matter of forgetfulness. Do we not already know that top editors and executives in Rupert Murdoch's international media empire, like naughty nephews of the Caesar, need only to be assigned to a lush manor in a remote province for a time before their behavior there necessitates their return to Rome, their old sins in the capital long-forgotten?(1)