Monday, July 18, 2011

Will The Murdoch Scandal Impact News Corporation in The US?

link here to article

The Murdoch scandal in the UK is mushrooming. Several News Corporation executives have been forced to resign and the head of Scotland Yard has resigned. If the investigations implicate the News Corporation in bribing police officials, Murdoch may lose what remains of his political support in the UK. This article suggests that the News Corporation may face problems in the US as well. It will be interesting to see how this plays out in the US. The uproar in the UK over the illegal hacking, and bribing of the police, has been fierce. Certainly, the reputation of the News Corporation as a provider of reliable information has been destroyed, along with its ability to shape public opinion and perform its duties as a branch of the conservative government. My guess is the American Exceptionalism will play a role in the US. The Tea Party crowd could care less whether the News Corporation is a criminal enterprise. They will support any news organization that tells them what they want to hear. The conservative party in the UK has backed away from the Murdoch scandal. My guess is that the GOP will not do so in the US.

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