The rise and fall of a global media baron?

As News of the World newspaper shuts down, analysts speculate on the future of its billionaire owner, Rupert Murdoch.

When the last issue News of the World newspaper of went to press on Sunday, media analysts were left to wonder if the demise Britain’s most popular tabloid marks the beginning of the end for its billionaire owner or just a bump in the road to full spectrum global media dominance.

Known for reporting lurid details of sex scandals faced by footballers and politicians, the 168-year-old paper stopped the presses over a phone hacking scandal, drawing ire from the police and political elites who once sought favour from its owner, Rupert Murdoch CEO of News Corporation, one of the world’s largest news conglomerates.

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