How big is the News Corp crisis?
I suspect I am not alone in enjoying watching News Corp squirm and suffer in phone-hacking scandal. I defy anybody not to think of the Emperor from Star Wars summoning Darth Vader to his side when they hear about James Murdoch scuttling back Stateside at the request of Uncle Rupe. Nonetheless, there is a serious side in the damage its done to peoples lives by their repulsive invasion of peoples privacy. Worse, if Andrew Neil is to be believed, the News of the World is the tip of a very substantial iceberg,.
News Corps problems are likely to be amplified by the rest of the media seizing upon the opportunity to do them damage. However, that said, i’m not convinced it’s as big a crisis as people like me would necessarily like it to be. Of course, it will probably incur hefty financial damage but I dont for one second think it will be so much it threatens its existence. Thinking about it, politically its unlikely to suffer much either and not just because of the sympathetic nature of the government to the cause.
People may consume its product but as a brand I don’t think News Corp is that popular as it is, so again here I am thinking the damage will be not be that bad. It’s already held so low in public esteem that it would be hard for it to sink much lower. Even before this weeks revelations, a YouGov poll found 60% thought Murdoch has too much influence on British politics and 64% agreed that the B Sky B would give the evil empire (sic.) too much influence over the media; a tiny 5% supported the deal.
The problem is that none of the mainstream political parties (Labour, of course included) has the courage to stand-up to News Corp and really democratise our media by breaking it apart. So, although this has been a embarrassing week for it; it’s far from a cataclysmic crisis, more’s the pity…..