James Murdoch announced on 7 July 2011, that, after 168 years in print,[81] the News of the World would publish its last-ever edition on 10 July, with the loss of 200 jobs.[82][83] News Corporation said that all profits from the final edition would go to good causes. Downing Street said it had no role in the decision.[84] James Murdoch conceded the paper was "sullied by behaviour that was wrong", saying "if recent allegations are true, it was inhuman and has no place in our company."[85]
Other executives of the company said the phone hacking was more widespread than previously believed and that they are cooperating with investigations into the allegations.[86][87][88] Editor Rebekah Brooks told staff at a meeting that she recognised following an internal investigation that "other shoes would drop", a phrase indicating that further revelations of wrongdoing would follow.[89]
There was immediate speculation that News International will launch a Sunday edition of The Sun to replace its sister paper News of the World.[90]
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