It starts off well, identifying News Corporation as the owner in the lede and calling it a “tabloid reporting scandal.” And it’s a solid news story with good context on what’s happened. You’re not going to find new stuff here, but at least the news that’s already uncovered elsewhere isn’t stuffed inside in a brief or ignored altogether. This, for instance, shows how close the scandal has gotten to the boss man himself:

Ms. Brooks on Tuesday faced a torrent of criticism and calls for her to step down, from politicians and the public. She was News of the World’s editor until 2003, putting her at the helm during the time of the alleged Dowler hacking.

Since then, she has become one of the U.K’s most powerful journalists, first serving as editor of The Sun and later as chief executive of News International, making her a top lieutenant to News Corp. Chairman and Chief Executive Rupert Murdoch.

This is a fair story, fairly reported and fairly played, and that’s what we expect when an institution is covering its parent company.

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Ryan Chittum is a former Wall Street Journal reporter, and deputy editor of The Audit, CJR's business section. If you see notable business journalism, give him a heads-up at Follow him on Twitter at @ryanchittum.