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God, the speed of events this week is startling. Write something about the News of the World and before you even finish your sentence it's ceased to exist.

The alacrity with which News International has sacrificed the title indicates that, as a print operation, it was making Murdoch far less money than he would like. He's probably glad to be shot of the burden, even if he's had to shrug it off in ignominious circumstances. He knows that after tomorrow's "deal" he will make far money than a newspaper could ever generate for him.

Ultimately, the News of the World is not a scalp; it's just a rag. It does not mean that those responsible are paying any kind of price for how they've acted. Do not mistake this for Rupert being beaten. It is no victory to overrun a deliberately abandoned castle.

ETA: Not quite glad to be "shot of the burden", then; I hadn't realised the extent to which the NotW was propping up the Times. The principle holds true, though, that Rupert fully expected to make far more money by jettisoning the thing, and he is probably right.


( 3 comments — Leave a comment )
Jul. 7th, 2011 05:34 pm (UTC)
Yes, it's a token throw-away
Jul. 7th, 2011 08:19 pm (UTC)
A firebreak to stop contagion spreading to the Currant Bun, which does make Digger pot loads of cash.

And of course the Sun never ran with the stories obtained by its sister paper in the week following the original scoop.

(Edit for crimes against apostrophes)

Edited at 2011-07-07 08:41 pm (UTC)
Jul. 7th, 2011 08:45 pm (UTC)
( 3 comments — Leave a comment )

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