1. HACKING FALLOUT

    Murdoch’s Fox Licenses Criticized

    News about Rupert Murdoch is displayed on the Fox News ticker at building which houses the News Corp. headquarters, Friday, July 15, 2011, in New York. Murdoch accepted the resignation of The Wall Street Journal's publisher and the chief of his British operations as the once-defiant media mogul struggled to control an escalating phone hacking scandal with apologies to the public and the family of a murdered schoolgirl. The controversy claimed its first victim in the United States as Les Hinton, chief executive of the Murdoch-owned Dow Jones & Co. and publisher of the Wall Street Journal, announced he was resigning, effective immediately. (AP Photo/Mary Altaffer)

    Mary Altaffer / AP Photo

    The hacking scandal might be spilling over to the U.S. Following the British Parliament’s censure of News Corp. head Rupert Murdoch on Tuesday, a U.S. ethics watchdog group has targeted Murdoch’s immensely profitable Fox News, calling on the Federal Communications Commission to revoke Fox’s 27 broadcasting licenses. The director of the Citizens for Responsibility and Ethics in Washington (CREW) declared that “if they [News Corp.] are not passing character standard under British law, it seems to me that they are not going to meet the character standard in America.” Meanwhile, satellite broadcaster BSkyB—of which News Corp. holds a 39 percent ownership stake—insisted to British regulators that its practices are “fit and proper,” and insisted will be “better and stronger” following the hacking scandal.

    Read it at Guardian