Wednesday, July 13, 2011
News Corporation, owned by Rupert Murdoch, has made the decision to abandon a deal to take full control of broadcasting company BSkyB. The decision came amidst pressure from the British public and politicians, as British parliamentarians from the government and opposition parties prepared to vote in the House of Commons in London to urge Murdoch to drop the deal.
The Murdoch move followed a series of damaging revelations about alleged phone hacking offences by journalists at the News of the World, which published its last edition on July 10. Labour leader Ed Miliband said the decision was “a victory for people up and down this country who have been appalled by the revelations of the phone hacking scandal and the failure of News International to take responsibility”.