It's the end of an error.
The UK's News of the World, one of the planet's least reliable but most entertaining celebrity gossip publications, will cease to exist July 10.
The news of the News shutdown comes on the heels of a huge wiretapping scandal reportedly involving high-profile victims across the UK.
Prince William, Prince Harry, Kate Middleton, Heather Mills, Hugh Grant, Jude Law and Sienna Miller were just a few of those reportedly hacked.
James Murdoch, chairman of publisher News International, broke the news to his staff Thursday. He addressed the wiretap case as well:
"I have important things to say about the News of the World and the steps we are taking to address the serious problems that occurred."
"The good things the News of the World does have been sullied by behavior that was wrong," he added, without listing any good things.
Of the alleged phone hacking ring that allegedly shared 4,000 victims, Murdoch said "it was inhuman and has no place in our company."
"News of the World is in the business of holding others to account," he said, clearly disappointed. "But it failed when it came to itself."
In 2006, two journalists went to jail after they hired private investigators to illegally gain access to hundreds of mobile voicemail accounts.
"News of the World and News International failed to get to the bottom of repeated wrongdoing that occurred without conscience," Murdoch said.
"Wrongdoers turned a good newsroom bad without a legitimate purpose, and this was not fully understood or adequately pursued."
News of the World and News International wrongly maintained these issues were confined to one reporter. Turns out it went beyond that.
News International will continue to comply with two major and ongoing police investigations regarding the hacked phones, the company said.
The final edition of the paper hits newsstands Sunday. The paper will run no commercial advertisements and all revenues will go to charity.
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