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The British press should have an independent regulator, underpinned by law, and with the power to fine, Judge Brian Leveson recommended in a long-awaited report sparked by a phone-hacking scandal at Rupert Murdoch's News of the World tabloid.

Media moguls were anxious to see if Leveson would recommend that the current system of self-regulation -- widely regarded as having failed -- would continue, or whether he would call for a new independent regulator or statutory regulation to rein in the worst excesses of Britain's press.

The trigger was the allegation that in 2002, the voice mail of a missing 13-year-old girl, Milly Dowler, had been hacked by an investigator working for the News of the World newspaper before the child was found murdered. Compounding the anger was the claim (later dismissed by police) that messages were deleted by him from the schoolgirl's full voice mail box, giving her parents false hope that she was alive. Ref. CNN

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3 staffers at defunct Murdoch tabloid plead guilty to hacking phones

Exposure of illegal eavesdropping by the News of the World led Rupert Murdoch to shut the 168-year-old newspaper and spurred a judge-led, media-ethics inquiry and several wide-ranging criminal investigations. Ref. USAToday

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Rupert Murdoch Wife Reach Divorce Deal


After 14 years, she keeps Beijing house, Fifth Ave. apartment. He gets Bel Air estate.

Source

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Murdoch plans to step down as CEO of 21st Century Fox

84-year-old media titan Rupert Murdoch getting ready to hand the reins over to his son James, CNBC and "The New York Times" Report, citing unnamed sources. Fox tells USA TODAY: "The matter of succession is on the agenda at our upcoming, regularly scheduled board meeting." Ref. USAToday

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Rupert Murdoch and Jerry Hall announce engagement

LONDON — Media mogul Rupert Murdoch and actress and former supermodel Jerry Hall announced their engagement Tuesday. Ref. Source 1h.