In July 2011, Rupert Murdoch, the billionaire media tycoon, was forced to answer questions from UK lawmakers about claims that his newspapers had illegally hacked into the voicemail boxes of hundreds of celebrities, royals, and ordinary people.
The phone-hacking affair cost Murdoch dearly. In 2011, News Corp abandoned its effort to take over the TV network Sky. One industry publication calculated that News Corp faced about $1.4 billion in costs in connection with the scandal.
Now, two voting-technology companies, Dominion Voting Systems and Smartmatic, want to make another Murdoch media property pay even more for Fox News's role in spreading election denial. Murdoch is once again reputationally and financiallyexposed.
The phone-hacking scandal shows how Murdoch, now 92, has weathered challenges to his power before. Our senior reporter Jack Newsham breaks down why there’s good reason to believe this isn't the end for Murdoch.
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