Here’s a look at some of the key revelations and developments in the fiasco that has hit News International and the publisher’s owner News Corp:
Group wants to buy the now-defunct News of the World (via Indy)
And some — including Michael Wolff, Murdoch’s biographer, are speculating that one option for News Corp (NSDQ: NWS) might be to sell all of News International, if the ultimate aim is BSkyB (NYSE: BSY) and/or to make sure the issue does not continue to spread.
Meanwhile, investors have filed a lawsuit against News Corp over the fiasco (via Guardian). Court filing here http://www.scribd.com/doc/59786670/News-Corp-Shareholder-Suit-Amended
More talk of U.S. investigations of News Corp under the Foreign Corrupt Practices Act.
A look at what might happen at a News Corp succession: a profile of Chase Carey.
Hacking and other not-very-legal acts:
We now know that News International’s now-defunct News of the World targeted politicians, celebrities, and victims of crime with phone hacking. Now we are getting details about some of the more shocking cases:
Prince Charles and Camilla could have been targeted on multiple fronts, with the latest allegations that a royal aide took a bribe to provide NOTW with a book of phone numbers for the Royal Family.
Blagging is the term that describes obtaining personal information about another party without its consent, and this is what NI is being accused of in relation to Gordon Brown and a property he was buying. And the medical records of his son. The Brown hacking is significant because depending on the reports you read, it implicates more News Int. two other publications, the Sunday Times and The Sun.
Police investigators looking at the hacking allegations had their phones hacked, too, possibly to blackmail them into keeping quiet about what they found.
Any other business?
Sun on Sunday has been registered in domains, and it has also been incorporated now as its own company. In Portsmouth (via Guido Fawkes)
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» News Corp. Suit, Watchdog Complaint Portend U.S. Headaches For Murdoch