It’s a new year for News Corp. But the
recently rebranded media colossus can’t seem to shake off a 2013 hangover.
Rupert Murdoch is plotting his empire’s expansion — growth that could include purchases of Tribune Company newspapers and,
reportedly, Time Inc. But will 2014 be the year that the media mogul, who’s skilled at reinventing himself and
burying old mistakes, is finally held to account?
Hacking
The News Corp phone-hacking scandal became front-page fodder in the summer of 2011, but its principal defendants went before British courts just last fall. In the months since the trial began, we‘ve learned more about the alleged “
culture of corruption” that pervaded News Corp’s London operation, infecting many top executives. The outlook for former Murdoch colleagues Rebekah Brooks and Andy Coulson looks bleak.
Murdoch has distanced himself and his companies from these and other lead actors in the scandal — with the possible exception of his son James. And he just plunked down a multi-million-dollar sum for a
30-year lease on new headquarters at London Bridge, indicating his intent to stick around.