There are a lot of opinions surrounding the Murdoch's and their empire. They have been surrounded by many controversies including The Phone Hacking Scandals. Ofcom has reservations about the Murdoch's sustainability. His papers are often spewing gossip and ''filth' and they have lost their reputation.
O “Ofcom believes the features of a plural news market include the presence of a diverse range of independent news voices; high reach and consumption of multiple news sources; low barriers to entry and competition to encourage innovation; economic sustainability, with no single organisation holding too large a market share.”
O “Online news, in a wide variety of forms, is used by a significant and rapidly growing proportion of the UK population
O 50% of young people who get most of their news off the net
I think that it was inevitable that Murdoch was going to lose his power, the newspaper industry in particular is declining an they seem to not be doing enough to make sure they stay on top of it. Furthermore their reputation cannot be repaired after everything that has been found out. He is not as powerful other than having a lot of money. The newspapers that once always reported positively on him are now against him. and he can no longer control papers the way he once did to try and be as influential as a marxist would suggest.
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