
inquisitr.com
At a press conference in August 2009, Murdoch said this:
Quality journalism is not cheap.
And earlier that year, in June, he told Neil Cavuto of Fox Business:
I can see the day — and it may be 20 years away — where you don’t actually have paper and ink and printing presses.
Maybe it was cheaper to hack phones and call it a day when caught than try to produce “quality journalism.”