It's just business
> has been effectively bullied into closing by shrill crowd of ill wishers.
Last year BSlyB made a profit of around £1Bn
Last year News International made a profit of about £20 Mil. - That's all thepapers in the group not just the NoTW
When it comes down to the bottom line, newspapers are irrelevant to Murdoch, it is likely he would sacrifice ALL OF THEM to get a shot at BSkyB.
In fact the only reason anyone in Britian would own a newspaper is for the vanity and political clout it bestows. You certainly wouldn't do it for the money. I can see that if this whole sorry affair results in the press (free or not) being cut off at the wotsits, then the attraction of being a newspaper baron will evaporate as well. Once that happens the value of newspapers will drop faster than Rebekah Thingy's popularity and they will just close - no matter how high their circulation.
'Corse once newspapers become obsolete, the value of a TV news channel sky-rockets (pun intended) for those who want power and influence but none of the responsibility. And TV News openings are much scarcer that printing presses.