Murdoch `Astute' to Close News of the World

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July 8 (Bloomberg) -- Jonathan Gabay, founder of Brand Forensics, talks about News Corp.'s decision to close the 168-year-old News of the World tabloid after allegations that its journalists tapped the voice mails of murder victims and paid police officers for stories. He speaks with Owen Thomas on Bloomberg Television's "Countdown." (Source: Bloomberg)

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