News of the World 0; Guardian 1

Extraordinary. The world's most read (and most loathed?) English-language newspaper, in existence for 167 years, is to cease publication this Sunday after the rapidly developing events of the last couple of days. Rupert Murdoch's sensationalist tabloid News of the World has faced escalating revelations of wicked and illegal behaviour, including hacking the phones of up to four thousand people - royalty, politicians, celebrities, murder and terrorism victims and their families, soldiers killed in Afghanistan and those of their relatives - as well as interfering in police investigations, paying police for information, lying under oath and (perhaps unsurprisingly, given the rest of this list) hacking the phones of those involved in the investigations into their own misdeeds.*
*I would provide links to each of these, but it would take all day. There is extensive coverage here and just about everywhere.

Credit must go to the years of investigative work by Nick Davies at the Guardian, who kept following the story despite threats from NotW and scorn or lack of interest from many other mainstream media sources.

The fallout will continue for some time. There will be retrials, public inquiries, reform of how the media are (self-)regulated, questions about how one of the editors at the heart of the scandal ended up working for the Prime Minister, reviews in the role of police corruption and very serious questions (hopefully) about the BSkyB takeover that looked set to give Murdoch even more control over British media (and which ought to be rejected on media plurality grounds alone).
UK voters can sign a petition against the takeover and/or contact your MP.

I have no illusions that this will be the end of bad journalism, nor that Murdoch will be likely to change his ways, or lose his malign influence on the politics of too many continents. A publication like NotW doesn't get to where it was without an extensive public willing to pay good money to read gossip and slander. Those malformed desires will not disappear overnight. Other publications will quickly fill the void.

Nonetheless, perhaps this whole episode is a chance for us to stop momentarily and consider what really counts as news, and whom we trust to tell us about it.

Let us also remember that the self-righteous and vicarious schadenfreude offered by the gutter tabloid press at the failings and foibles of the famous is all too easily replaced with self-righteous and vicarious schadenfreude at the humiliation of that very press's flagship. So let us not rejoice at a black eye for Murdoch, but mourn for our own myopic moral vision that all too often secretly wishes to be kept in the dark.

"And this is the judgement, that the light has come into the world, and people loved darkness rather than light because their deeds were evil. For all who do evil hate the light and do not come to the light, so that their deeds may not be exposed."

- John 3.19-20 (NRSV).