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Rupert Murdoch in UK for News of the World's Final Edition

WILLIAM WEST/AFP/Getty Images(LONDON) -- The News of the World hit the newsstands for the last time Sunday but the scandal surrounding tabloid is just beginning to unfold.

The tabloid's owner, Rupert Murdoch, landed in London Sunday morning from the U.S. to try to contain the crisis. But it may already have derailed a planned takeover of the British Sky Broadcasting satellite network.

The News of the World wasn't just another paper in Murdoch's portfolio, it was the best-selling paper in the English-language.

But today, the tabloid that lived on scandal has died in a phone hacking scandal that extends to the British government.

"We praised high standards, we demanded high standards but, as we are now only too painfully aware, for a period of a few years up to 2006 some who worked for us, or in our name, fell shamefully short of those standards," the paper stated in an full-page editorial. "Quite simply, we lost our way. Phones were hacked, and for that this newspaper is truly sorry."

The newspaper shut down after 168 years, leaving its 270 person staff without jobs.

Lost in an epidemic of criminal activity in pursuit of stories, including hacking the voicemails of murder victims, terrorist victims and their families, a power network including Murdoch, British politicians and police are accused of supressing a full investigation.

While News of the World staff may be losing their jobs, one person isn't -- Rebekah Brooks, a chief executive for News Corporation, the parent company of News of the World who was a former editor during the time of the alleged phone hackings.

Calls for Brooks' dismissal abound but she isn't focused on that and neither is News Corporation Chairman and CEO Rupert Murdoch. He released a statement saying that he has total support for Brooks.

Copyright 2011 ABC News Radio

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