From what I read, not even Murdoch could save the paper. The alleged victims range from the royal family, politicians, a murdered girl, and various family members of fallen soldiers. It’s thought that up to 4000(!!) cell phones had been hacked. The major advertisers started to boycott it. There was nothing really left for Murdoch to save. He’s focusing his energy on saving Rebekah Brooks, not to mention his now shaky BSkyB takeover attempt.