News Of the World has folded

[headfairy]

Only reuters confirming it at the moment, but this sunday will be the last edition of the paper...

[nocake]

thesunonsunday.com and .co.uk were registered on 5th July. Either someone saw it coming and is hoping to cash in or Murdoch will simply swap his sunday tabloid operations to a "new" paper and carry on as before.

I really would like this to be the start of his downfall and a new style of journalism and media in this country but I fear that after a bit of fuss it will business as usual.

[sittinginthesun]

Discussion in the pubs around NI HQ is whether this is an asset stopping exercise - 4,000 names and numbers in the notebooks, that's 4,000 potential claims of some sort...( apparently, so I hear second hand).

[wearenotinkansas]

Agree with sittinginthesun. Given the paper is going to start losing money very soon anyway, it would have gone down the toilet under the number of claims coming it's way. Murdoch is just making a pre-emptive strike. Not sure if the claimants will be able to claim against the wider NI group.

[starmucks]

Well I never thought I'd see The Telegraph print anything vaguely complimentary about The Guardian! I think it depends now on how Cameron decides to proceed. His colours have been firmly pinned to the NI stables for the past two years. Hiring Coulson, a despicable Murdoch dance monkey, was a cementing of the relationship. Should Cameron's balls drop over night (forsaking a moral epiphany, or indeed crisis in confidence) and he severs relations, Murdoch could indeed be in significant trouble.

[sittinginthesun]

Asset stripping! (iPhone making words up)

[Bumperlicioso]

How exactly is the Sun on Sunday going to be a different paper? I hope people give it the lack of credibility it deserves. I don't think these people are contrite at all, they just know that the NOTW would no longer be able to criticise anyone.

I'm surprised no one is asking whether Andy Coulson's recent resignation was because they smelled the shit making its way towards the fan...

[CateOfCateHall]

Here we are, the Sunonsunday.co.uk was registered on Tuesday: webwhois.nic.uk/cgi-bin/whois.cgi?query=thesunonsunday.co.uk

[starmucks]

Coulson had no choice: he was forced to resign because of the hacking into the princes phones. He claimed to have no knowledge but conceded that because it was on his watch he ultimately had to be accountable.

But you are right in suggesting that they knew that more would come out. I don't think however they even considered the possibility of it escalating to the current situation. Shame Labour has such a wet blanket for a leader, Ed lacks the kudos to properly round on the coalition and force them to act against NI.

[scarlettsmummy2]

I can't help but wonder why Wade is being protected?? Is it because she knows too much and this goes even beyond her?? Are they afraid to sack her?

[wearenotinkansas]

scarletts - have always suspected she has some dodgy photos of Murdoch which she uses to blackmail him... or perhaps she is his secret love child???

[starmucks]

There is no question that Brooks knows where the bodies are. But again her power must be dimming now....and as someone posted earlier, many a disgruntled employee should be happy to spill the beans now.

[scarlettsmummy2]

There is definitely something dodgy going on- at the minute she can't be seen as anything other than a liability. Surely if Murdoch wanted this deal with bskyb to go through he would have given into the pressure and got rid of her, or at least moved her off to work in Australia or Fox News or something. No-one is irreplaceable.

[starmucks]

The best story I've heard about Brooks is that she was made redundant very early on in her career. Rather than accept the fact with dignity and start a new job search, she turned up to work the following day. And the day after, and the next day again. In fact everyone was too mortified to say anything so by the end of the month she was back on payroll. Sums her up I think: tenacious, deluded, pyscho!

[bitzermaloney]

Coulson to be arrested tomorrow, apparently, and another person at News International in the next few days. Says the Guardian.