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News Corp. Evidence Points to Cover-Up, Leveson Reports

News Corp.’s testimony about how a phone-hacking scandal was handled points to a possible cover-up at multiple levels within the organization, according to the findings of an inquiry into media ethics.

Judge Brian Leveson collected evidence from newspaper owners, reporters and people who counted themselves victims of bad behavior by U.K. media. His report today called for the formation of an independent media regulator, backed by legislation, that would have the power to impose fines of as much as 1 million pounds ($1.6 million).