News Corp. is closing News of the World, the tabloid at the center of the U.K. hacking scandal, after Sunday’s ad-free edition, according to James Murdoch, Rupert’s son and heir apparent.

He cited “serious problems” and “repeated wrongdoing” in his statement to staffers announcing the shutdown.

The paper allegedly hacked the phone of a 13-year-old girl murder victim and family members of soldiers killed in Iraq and Afghanistan.

The younger Murdoch told workers the 168-year-old paper is “sullied by behavior that was wrong. Indeed, if recent allegations are true, it was inhuman and has no place in our company. The News of the World is in the business of holding others to account. But it failed when it came to itself.”

He thanked employees not caught up in the scandal for their good work: “So please hear me when I say that your good work is a credit to journalism. I do not want the legitimacy of what you do to be compromised by acts of others. I want all journalism at News International to be beyond reproach.”

Murdoch welcomes “broad public inquiries into press standards and police practices and will cooperate with them fully.”

All revenue earned by the final edition will be devoted to charity.

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