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 ]

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Rupert Murdoch to step down from running newspapers

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[ Media Week | 2012-06-28 00:00:00 UTC ]
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Media Decoder Blog: News Corporation Announces Split

Rupert Murdoch, the chairman and chief executive, confirmed Thursday that the company was spinning off its publishing division. He defended his newspaper assets, vowing to "unleash their real potential.'' Continue reading at The New York Times

[ The New York Times | 2012-06-28 00:00:00 UTC ]
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Google’s Head of News: Newspapers are the New Yahoo

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[ Editor & Publisher | 2012-05-14 00:00:00 UTC ]
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Rupert Murdoch is 'not fit' to run News Corporation, claim MPs

Rupert Murdoch is "not fit" to have "stewardship of a major international company", while his son James showed "wilful ignorance" over phone hacking, according to a Select Committee report published today. Continue reading at Media Week

[ Media Week | 2012-05-01 00:00:00 UTC ]
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The Media Equation: Amazon Low Prices Disguise a High Cost

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Earnings, Margins Rise at Random

Although worldwide sales at Random House fell 4.3% in 2011, the company posted its highest earnings and operating margins in at least five years. EBIT (earnings before interest and taxes) rose 6.9%, to 185 million euros, with an operating margin of 10.6%, a full percentage point higher than... Continue reading at Publishers Weekly

[ Publishers Weekly | 2012-03-30 00:00:00 UTC ]
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Print sales down 13% in Feb

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[ The Bookseller | 2012-03-06 00:00:00 UTC ]
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James Murdoch Resigns as Exec Chair

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[ ABC News | 2012-02-29 00:00:00 UTC ]
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Elsevier increases sales and profits

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[ The Bookseller | 2012-02-16 00:00:00 UTC ]
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[ Media Week | 2012-02-09 00:00:00 UTC ]
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Bloomberg Executive Is Said to Be in Talks to Lead Dow Jones

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[ Editor & Publisher | 2012-01-30 00:00:00 UTC ]
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News Corp to Buy Minority Stake in Dubai's Media Company Moby Group

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[ Editor & Publisher | 2012-01-18 00:00:00 UTC ]
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Rupert Murdoch's Disaster Is Already an E-Book

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