empire here as well. mr. murdoch's company is not just a massive company, it is massively influential in u.s. politics, particularly in conservative u.s. politics, because his properties here include the "wall street journal," the most influential business newspaper in the country. and also "the new york post," the most influential tabloid newspaper in the country. and the fox news channel, which is a very successful full employment program for republican candidates. when the rupert murdoch scandal broke about bribery and illegal phone hacking as a regular way of doing business at his news properties, rupert murdoch had to drop his $12 billion bid to buy a satellite television channel in britain. had the deal gone through, he would have controlled 40% of all commercial television in britain. here it's 27 tv stations and the "wall street journal" and the fox news channel and "the new york post" and, and, and, and.