Suns owner reports £68m loss as paper sales fall

Suns owner reports £68m loss as paper sales fall

The owner of the Sun lost £68m last year as newspaper sales fell and the company continued to deal with the fallout of the phone-hacking scandal. Daily sales of the Sun fell 8% to 1.38 million in the year to July, but it remains the UK’s top paid-for paper. Meanwhile, the Sun on Sunday sold an average of 1.16 million copies a week, 111,000 fewer than the year before.

The paper’s owner, News Group Newspapers also revealed a £26.7m legal bill related to phone hacking. Despite falling sales of the print edition, News Group Newspapers said more people were visiting the Sun’s website. It said 32.8 million adults in the UK visited the site a month, 3.6 million more than the previous year.

Source: BBC

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