Talk TV's losses widened to £54 million in the year to July 2023, totaling £88 million in two years. The Sun lost £66 million due to phone-hacking scandal costs, with a drop in online audience. Murdoch's UK empire faced an additional £51 million in phone hacking costs.
Talk TV’s losses deepened to £54m in the year to July 2023, taking total losses to £88m in just two years. Lower-cost GB News has probably lost circa £80m in three years. Neither has as a yet a credible path to break even never mind profitability. Alternative news channels…
The Sun lost £66m last year and its online audience dropped by 4 million readers The Sun is still facing a number of lawsuits including one brought by Prince Harry in a case that is due to go to trial before the high court next year. https://t.co/UBf3U03Qyv
Murdoch’s UK empire hit by a further £51mn in costs over phone hacking https://t.co/Gog4Csu72k
The Sun remains UK's No1 news brand as surging digital revenues boost accounts https://t.co/wt3y4kIi5Q
📺 TalkTV lost more than £90m before Rupert Murdoch shut down TV channel https://t.co/1M2Pe8kAgn
The Sun loses £66m amid costs from phone-hacking scandal https://t.co/DbABNB5lWS
Losses at Talk TV widened to £54 million in the year to July 2023 https://t.co/EvzIxXb7Cw