Is News Corp deceiving the market?

Story on Media Watch last night on channel 2 showed how News Corp was effectively controlling any bad publicity on its huge losses by preventing its editors from making comments. ALSO NCP is to annonce a $10 BILLION loss tonight to coincide with the Budget so as to divert attention. Accounting practises over the last few years are coming home to roost. NCP hasn't found the bottom by a long shot and is only being propped up "loyal" stockbrokers. Watch this one.