Monday, 5 September 2011

News International Trying to Sell Wapping Again

Rupert Murdoch's News International (NI) announced today that it will try to sell its premises in Wapping, East London. The location is iconic in British media since Murdoch opened the site 25 years ago and started printing The Times, Sunday Times and The Sun there, breaking the union stranglehold over Fleet Street where national newspapers had previously operated. While the printing operations moved to Broxbourne in 2005, NI's headquarters remained in Wapping.

NI has reportedly put the 15 acre location on the market twice before, in 2003 and 2008, but later decided to develop the site into a campus. Now it seems that the staff will be housed in nearby Thomas More Square where most of them have already moved. News Corp's operations are spread across London, from BSkyB in Osterley, West London to Dow Jones's three offices, two of which are in the Wapping area and one near Blackfriars. Any plans to bring all of News Corp's businesses under one roof are presumably dead for now; with the phone hacking scandal still rumbling they probably have other priorities.

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