"The Colbert Report" had a hilarious take on the News Corp. hacking scandal, including Fox News Channel's "Newswatch" opting to ignore the issue.

The funniest line, though, might have to do with what's becoming an increasing part of the scandal, which is focusing attention on media consolidation and the scope of Murdoch's vast holdings. That's even more conspicuous when you see Murdoch news properties (the Wall Street Journal being a notable exception) either or ignoring or downplaying these events, with "Fox & Friends" suggesting the coverage has been overblown. Perhaps it has, but strictly from a public-relations perspective, Fox News is the absolute wrong source to be pushing that point of view.

In the bit Stephen Colbert said he warned Murdoch, "These are the type of attacks that happen when there are media companies he doesn’t own." He also played "hacked" voicemail messages from Murdoch to his attorney, saying things like “I’m Australian for f—ked" and “Koala me back!” Enjoy.

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