News Ltd - Fucked or No?

[Dean from Australia]

I've been following the News Limited phone hacking scandal in the UK with a morbid fascination, mainly because I would love to see Rupert Murdoch go down over this. More and more heads are beginning to fall, most notably among them, Rebekah Brooks - whom I'm almost convinced Rupert was banging at some point - also the head of Dow Jones States side.

Both Rupert and his son James are about to front up to an inquiry in Westminster in the next 24 hours which is sure to be a sort of snobby blood bath and there is real talk now that James Murdoch may cop an arrest warrant himself.

The FBI are starting to sniff around up in your good country to see if any News Limited affiliates hacked the phones of 9/11 victims and down under (where News Ltd controls upto 70% of our domestic media), certain quarters are agitating for investigations to start probing into whether the same sort of shitski has been happening here.

So, what do you reckon? Is this the beginning of the end for News (Fox) and Murdoch's grip on global media power?