Rupert Murdoch’s News Group Newspapers pushed to loss as value of publishing rights falls and £50m is set aside to deal with continuing cost of hacking scandal
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Rupert Murdoch’s News Group Newspapers pushed to loss as value of publishing rights falls and £50m is set aside to deal with continuing cost of hacking scandal
The Sun newspaper has doubled its number of digital subscribers to 225,000, but failed to offset a decline in its overall paid readership, in a test case of whether tabloid newspapers can successfully charge for online content.
According to the Guardian the parent company of the Sun and Sun on Sunday has reported a pre-tax loss of £75m in the year to 30 June, after taking charges of almost £90m in relation to the phone-hacking scandal. News Group Newspapers’ pre-tax loss of £75.1m is a significant reduction on the £318m loss run […]
The Mirror website has been the biggest winner following the launch of The Sun’s paywall, with web traffic up 19.6 per cent month on month to a record high of 34.4m unique browsers in August. >> source Press Gazette The Guardian website