Murdoch writes off $91m for shutting News of the World in hacking scandal

Dominic Raab @ MediaGuardian - Television - on 3/11/11
News Corp also lost anything up to $130m over failed bid to get 100% of BSkyB satellite broadcaster, in quarter's 'other charges'Closing the News of the World Loading... cost Rupert Murdoch Loading... 's News Corp $91m (£57. 2m), the company announced yesterday. The tabloid, the most profitable newspaper in Murdoch's portfolio, was shut in July amid an escalating investigation into illegal phone hacking at the company ...
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Summary

News Corp also lost anything up to $130m over failed bid to get 100% of BSkyB satellite broadcaster, in quarter's 'other charges'.

Mentioned Topics

News Corporation, British Sky Broadcasting, Simon Cowell, Rupert Murdoch, News of the World, FX, Guardian Media Group, Chase Carey, James Murdoch

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