The Sun loses £66m amid costs from phone-hacking scandal

British arm of Rupert Murdoch’s News Corp empire reports near-£54m deficit due to TalkTV costsThe Sun lost £66m last year and its online audience dropped by 4 million readers as the newspaper continued to grapple with the fallout from the phone-hacking scandal.Total losses at the Murdoch-owned tabloid have now reached £515m over the past five years, amid declining print sales and the high cost of paying damages to victims of illegal information gathering. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2024-04-09 14:02:36 UTC ]

Other news stories related to: "The Sun loses £66m amid costs from phone-hacking scandal"


Miranda Devine ‘unusually silent’ over defamation claim brought by Quaden Bayles, court hears

Family allege they were defamed by News Corp columnist retweeting material that suggested bullied nine-year-old was an adult actorThe News Corp columnist Miranda Devine has been “unusually silent” in response to a defamation claim brought by bullied nine-year-old Quaden Bayles, a court has been... Continue reading at The Guardian

[ The Guardian | 2020-08-20 05:55:10 UTC ]
More news stories like this


Andrew Bolt's views diagnosed as ‘disgraceful’ after coronavirus controversies | The Weekly Beast

News Corp columnist argues Victoria’s Covid-19 restrictions are stopping elderly from ‘dying a few months earlier’. Plus: ABC tweets paywalled Greg Sheridan pieceAndrew Bolt has doubled down on his argument that Covid-19 restrictions should be lifted because they are destroying the economy “to... Continue reading at The Guardian

[ The Guardian | 2020-08-07 01:07:39 UTC ]
More news stories like this


Taking Trump at his word

In September 2016, Salena Zito, who was then covering voters in The Heartland, wrote of the then-candidate Donald Trump, in a column for The Atlantic: “the press takes him literally, but not seriously; his supporters take him seriously, but not literally.” The phrase quickly slipped into... Continue reading at Columbia Journalism Review

[ Columbia Journalism Review | 2020-08-03 12:05:46 UTC ]
More news stories like this


James Murdoch's exit paves way for News Corp to move further right

Analysis: Murdoch was considered a dissenting voice at the rightwing company. Now his brother Lachlan could see his influence growJames Murdoch’s resignation from the board of News Corp confirms divisive splits in the publishing arm of his family’s media empire and removes a powerful dissenting... Continue reading at The Guardian

[ The Guardian | 2020-08-01 18:24:26 UTC ]
More news stories like this


James Murdoch resigns from news publisher News Corp's board

James Murdoch, son of News Corp founder Rupert Murdoch, is resigning from the family-controlled newspaper publisher’s board Continue reading at ABC News

[ ABC News | 2020-07-31 22:55:44 UTC ]
More news stories like this


Book sales hit record highs in 2019, but publishers ‘now need help’

Figures for last year show sales of £6.3bn, up 20% on 2015, but the Publishers Association says sector needs government support to weather coronavirusBook sales in the UK hit record levels in 2019, driven by a surge in audiobook and nonfiction titles, according to new figures released as... Continue reading at The Guardian

[ The Guardian | 2020-07-21 23:01:08 UTC ]
More news stories like this


News Corp’s Stephanie Layser Is Tired of Big Tech Bullying

Covid-19 has hit publishers especially hard, from lost revenue due to keyword blocking and changing consumer news preferences. News Corp has been deeply affected, suffering a net loss of $1 billion in the third quarter of 2020. Stephanie Layser, vp of advertising technology at News Corp, spoke... Continue reading at AdWeek

[ AdWeek | 2020-07-15 19:21:32 UTC ]
More news stories like this


Walliams still in top spot, as print sales surge continues

In a week when print once again maintained sky-high sales, posting a 16% rise in value against the same week in 2019, and a 14.3% jump in volume, David Walliams and Tony Ross' The World's Worst Parents (HarperCollins) racked up a second week as the UK Official Top 50 number one. Continue reading at The Bookseller

[ The Bookseller | 2020-07-14 01:48:14 UTC ]
More news stories like this


AAP Customers Off Limits for News Corp Newswire

Australian Associated Press customers will be prevented from signing a deal with News Corp Australia’s newswire for six months under Continue reading at Editor & Publisher

[ Editor & Publisher | 2020-06-30 19:00:13 UTC ]
More news stories like this


Australian Associated Press sold to consortium of investors and philanthropists at 11th hour

AAP chief Bruce Davidson said in an all-staff email on Monday night that the ‘new’ newswire will retain 85 editorial staff and relaunch on 1 August Newswire Australian Associated Press (AAP) has been sold in an 11th-hour bid by a philanthropic investment consortium helmed by former News Corp... Continue reading at The Guardian

[ The Guardian | 2020-06-29 11:53:06 UTC ]
More news stories like this


Publishing revenues to plunge and thousands of jobs at risk, report says

Publishing, including books, newspapers and magazines, could see a £7bn fall in revenue and 51,000 jobs axed due to Covid-19's effect on bookshop closures and print sales, a report claims. Continue reading at The Bookseller

[ The Bookseller | 2020-06-17 06:06:17 UTC ]
More news stories like this


News Corp tears down Murdoch’s ‘silos’ – and then harvests journalists’ jobs | Weekly Beast

Scores of jobs lost across Daily Telegraph, Herald Sun and the Australian. Plus, Nine corrects record on slaveryThe Australian had the scoop about a major restructure at News Corp in an exclusive interview on Monday with Peter Blunden, former Herald Sun editor and chairman of the News editorial... Continue reading at The Guardian

[ The Guardian | 2020-06-12 01:17:54 UTC ]
More news stories like this


The Sun and Times publisher warns of job cuts due to coronavirus

CEO of News UK, Rebekah Brooks, tells staff pandemic has hammered print sales and advertising revenueThe publisher of the Sun and the Times has warned of impending job losses as part of a major cost-cutting programme as the coronavirus pandemic hammers newspaper sales and advertising... Continue reading at The Guardian

[ The Guardian | 2020-06-11 12:06:20 UTC ]
More news stories like this


News Corp Cuts More Jobs, This Time at Its Metropolitan Newspapers

News Corp has made more job cuts, this time to its metropolitan mastheads, as the company again signals it is Continue reading at Editor & Publisher

[ Editor & Publisher | 2020-06-09 21:44:49 UTC ]
More news stories like this


News Corp cuts more jobs, this time at its metropolitan newspapers

Herald Sun, Daily Telegraph and Australian newsrooms to be reshaped as the company moves away from print to focus on digitalNews Corp has made more job cuts, this time to its metropolitan mastheads, as the company again signals it is moving away from print to become “much more focused on... Continue reading at The Guardian

[ The Guardian | 2020-06-09 09:47:40 UTC ]
More news stories like this


AAP newswire saved but jobs to be lost in slimmed down operation

A consortium of investors led by former News Corp CEO Peter Tonagh will buy the Australian Associated Press saving up to 95 jobsThe Australian Associated Press Newswire has been saved at the 11th hour by a consortium of investors and philanthropists led by former News Corp chief executive Peter... Continue reading at The Guardian

[ The Guardian | 2020-06-05 06:33:42 UTC ]
More news stories like this


Andrew Bolt’s column mocking Greta Thunberg breached standards, press watchdog finds

News Corp columnist accuses Australian Press Council of sabotaging debate and doubles down by repeating slurs about Thunberg’s autism Andrew Bolt’s mocking column about Greta Thunberg, which referred to the young climate campaigner as “deeply disturbed” and “freakishly influential”, breached... Continue reading at The Guardian

[ The Guardian | 2020-06-04 03:24:39 UTC ]
More news stories like this


News Corp Carnage: Fine Print Reveals Even Greater Hit to Local Journalism

Of the 112 printed newspapers shut down by News Corp this week, 76 will survive as digital-only publications but the Continue reading at Editor & Publisher

[ Editor & Publisher | 2020-05-29 21:38:27 UTC ]
More news stories like this


News Corp carnage: fine print reveals even greater hit to local journalism | The Weekly Beast

Suburban and regional papers won’t have standalone websites. Plus: ABC reposts tweet after backlashOf the 112 printed newspapers shut down by News Corp this week, 76 will survive as digital-only publications but the devil is in the detail.The suburban and regional papers – such as the Inner West... Continue reading at The Guardian

[ The Guardian | 2020-05-29 01:07:11 UTC ]
More news stories like this


'Gutting': News Corp Australia's newspaper print closures will leave 'thousands of stories' untold

Readers and former staff decry a terrible day for journalism and express grief at job cutsDevoted readers and former staff of Australia’s local newspapers have expressed their grief at News Corp Australia’s announcement of significant job cuts and the print closure of more than 100 local and... Continue reading at The Guardian

[ The Guardian | 2020-05-28 03:36:58 UTC ]
More news stories like this