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Old 15th March 2020, 09:19   #1 (permalink)
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The Sun records a loss of £68m

The Sun recorded a loss of £68m last year amid falling print sales and the enormous cost of phone-hacking claims against its parent company from figures including Sir Elton John and Heather Mills.

Rupert Murdoch’s News Group Newspapers, which publishes the Sun and retains liability for the activities of the News of the World, spent an enormous £54m on legal fees and damages related to the illegal interception of voicemails.

The figures, which cover the 12 months to July 2019, were revealed in accounts filed this weekend. They show that more than a decade after the phone-hacking scandal began, the company is still spending an eighth of its revenue dealing with the fallout, as new cases involving the likes of Prince Harry continue to be filed at the high court.

https://www.theguardian.com/media/20...acking-damages
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Old 15th March 2020, 10:51   #2 (permalink)
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Re: The Sun records a loss of £68m

I shan't lose any sleep over them.
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Old 15th March 2020, 12:33   #3 (permalink)
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Re: The Sun records a loss of £68m

I'm sure the Murdochs will survive without my sympathy.
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Old 15th March 2020, 12:40   #4 (permalink)
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Re: The Sun records a loss of £68m

I can see the headline now' Sun goes t1ts up'
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