The Media

News Corp is Collapsing

The latest earth-shattering news in the imminent collapse of News Corp:

Britain’s Channel 4 News is reporting that the UK’s Serious Fraud Office (SFO), the agency charged with investigating and prosecuting large and complex fraud cases, has begun a preliminary investigation into News International, the parent company of News Corp’s UK newspapers. The probe comes after Labor MP Tom Watson wrote a letter to the SFO, in which he called News Corps alleged payments to police a “gross misuse of shareholders’ money.”

Congress needs to investigate this starting now. Remember 50 years ago when Congress investigated the stupid quiz shows? This is worse times a gazillion-bazillion. Easily the biggest media scandal in modern history.