Check media concentration
Rupert Murdoch's media empire continu-es to plunge deeper into the abyss. His two top executives including the one overseeing News Corporation's British operation have stepped down. In a major departure from his previous arrogance, Murdoch splashed his apologies over a full page of all the national newspapers in Britain over the weekend.
Murdoch's troubles started on July 4 after the Guardian newspaper in Britain revealed that the country's best-selling Sunday newspaper, the Murdoch-owned News of the World, was involved in the illegal hacking of mobile-phone messages. Since then, a whirlwind of condemnation has swept through the media and political landscape in Britain.
While the on-going saga is certainly bad news for Murdoch's News Corporation, it may be good news for Britain's media as a whole, provided it seizes the opportunity to enhance self-discipline and shore up quality journalism.