Just when it looks like things can’t get any worse for News Corporation, another scandal is engulfing Rupert Murdoch’s $50 billion media empire. This time the Murdoch pay TV businesses are under scrutiny. Allegations aired last week on the BBC and published in the Australian Financial Review suggest that News Corp’s former subsidiary NDS, which is now being sold to Cisco for $5 billion, ran an extraordinarily dirty campaign to undermine its rivals. News denies any suggestion of wrongdoing.
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