In a shock announcement today on his new twitter page, 800 year old Rupert Murdoch told the world his plan to 'streamline his business empire' while at the same time producing a new reality tv show for his worldwide tv networks.
The dirty digger is no stranger to closing down parts of his business. In 2011, News International were forced to close down British tabloid 'News Of The World' after the phone hacking shame.
Free evening newsheet 'The London Paper' bit the dust in 2009 as part of a circulation war with The Evening Standard and it's baby sister publication 'London Lite'. In the early 90s, TODAY newspaper was also sacrificed.
The televised show will be syndicated across both the FOX network in the US and Sky Tv in the UK. It is not clear yet whether there will be two separate panels of judges for both countries or one internationally known set of judges like Piers Moron, Jimmy Murdoch, Hugh Grunt and Wendi Wang.
Most of Murdochs newspaper empire is spread across the regional press in Australia, but more well known titles include the New York Post, Wall Street Journal, The Sun, The Times and the Sunday Times.
Other candidates for a seat on the judges panel could include Kylie Minogue, Toby Young, Sarah Palin, Larry King, and Kelvin McKenzie. It is thought prison sentences could rule out Andy Coulsen and Rebekka Crooks.