News Corp Face Loss on Restructuring Charge

193.00 €
Published date: 12/04/2024
  • Location: Ip24 1wn, Cuanza Norte, Denmark
The News Corporation of Rupert Murdoch has now come face to face with a loss 1.6 billion dollars that is 1 billion pounds in the fourth quarter, no credit check loans after it had already written off more than a sum of 3 billion dollars at its beleaguered publishing business.

This media group had paid out a sum of 224 million pounds in the form of costs relating to "ongoing investigations" into the News of the World which was a phone hacking scandal. this was also inclusive of 57 million dollars in the three months to the ending of the month of June.

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