News of the what?

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Rupert Murdoch closed what is (was) the most successful newspaper on the planet - News of the World.

Typical tabloid under US standards.

The News is a tabloid in US terms. Brits don't see things quite the same way. Tabloid over there (as in journalism circles here) refers to the dimensions of the paper not the content.

The newspaper was linked to a lot of hacking efforts, illegal there, which is the reason Murdoch is giving for shutting it down. He is, at the same time, trying to buy a controlling interest in one of the British TV channels.

Great Britian has government oversight of the media. By that I mean the British government can literally tell the media over there what it can and cannot do and this is done in public.

Such intentional, direct and above-board interference especially with print media is nigh unbelievable in the United States.

Anyway, the publication was the highest net profit of Murdoch's British holdings. Most of the employees there were not at the paper when the hacking scandals took place.

And he closed it down.

In a time when newspapers are losing circulation (News was losing 'scribers) and profits are down, Murdoch folded the shop.

This is Rupert Murdoch we're talking about.

I'm missing something here.