Phone-Hacking Scandal Takes Its Toll On Murdoch Media Empire

2:45 AM ET Wed, 14 March 2012

The UK's Culture Media and Sport Committee is preparing to issue a report into phone hacking next week which could determine whether James Murdoch stays as chairman of BskyB, yesterday police arrested former News of the World editor Rebekah Brooks as part of the enquiry. CNBC's Catherine Boyle has more on the implications for the Murdoch media empire.