Only A Few Weeks Ago, Rupert Murdoch Was Still King Of The World
A glimpse at life before the hacking scandal, from the UK Independent :
It was only a few weeks ago that Rupert, his son James, daughter Elisabeth and Rebekah Brooks were the talk of the town; hailed as the king-makers to the political classes.At the Murdochs' summer party, there was the usual mish-mash of politicos, alongside celebrities. The talk was merry, both Rupert and James confident that their longed-for £7bn bid for a full takeover of BSkyB was about to be cleared by the Culture Secretary, Jeremy Hunt. This was to be the jewel in the News Corp crown – generating about £1bn a year in revenue. The Murdochs had hoped to use the TV station and broadcaster to cross-subsidise the loss-making part of the empire, the newspapers – only The Sun and the News of the World made money.