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Thursday, October 13, 2011

The Basics on the Latest Murdoch Scandal


by Braden Goyette
ProPublica, Oct. 13, 2011, 3:40 p.m

Yet another scandal is bubbling up at Rupert Murdoch’s News Corp. On Tuesday, the Murdoch-owned Dow Jones announced that the publisher of The Wall Street Journal’s European edition was resigning, without mentioning why. The next day, The Wall Street Journal reported that the top European exec stepped down after an internal ethics investigation found he had pressured reporters to write two positive stories about a Dutch firm with which the paper had an agreement that helped boost circulation figures.

Circulation numbers matter because they’re used to set advertising rates, and American papers are no strangers to scandals over inflated circulation figures.

But that was just the beginning.READ MORE

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