Rupert Murdoch “unfit” to lead News Corp, says Parliament.

Parliament: Rupert Murdoch “Unfit” to Lead News Corp

Parliament: Rupert Murdoch “Unfit” to Lead News Corp

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May 1 2012 2:42 PM

Parliament: Rupert Murdoch “Unfit” to Lead News Corp

The story that will never top News Corp’s headlines keeps on giving.

Parliament's cross-party panel on culture, media, and sport has unanimously agreed that three key executives from Rupert Murdoch's News International misled legislators over the phone hacking scandal that ultimately shut down News of the World.

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The House of Commons will next decide how to punish former News Corp editor Colin Myler, lawyer Tom Crone, and former exec Les Hilnon. The panel also aimed scathing criticism at the company chief, concluding. "Rupert Murdoch is not a fit person to exercise the stewardship of a major international company."

News Corp., which has already paid out millions to settle lawsuits from celebrities, crime victims, and other public figures whose voice mails were hacked, has yet to respond fully. Hey, Rupert, don’t worry—that old media is moot anyway, now that your on Twitter.