The Sun records £68m loss amid falling sales and hacking damages

[D'wards]

If you need reminding why The Sun is a cunt, The Lost Honour of Christopher Jefferies is starting now on itv1

 

[Streathamite]

Pleased to see it struggling, but Murdoch has always been prepared to subsidise loss-making titles that gave him some political power. I fear we won't see the end of it for as long as his empire thrives.

yep, never made a single penn y profit on the Times

 

[cupid_stunt]

yep, never made a single penn y profit on the Times

Actually 'The Times' is now profitable, hence the launch of 'Times Radio' nationally on DAB.

Increased turnover and reduced expenses helped the publisher of The Times and The Sunday Times to make an annual after-tax profit of £9.6 million, compared with a loss of £8 million in the previous financial year.

Times Newspapers’ earnings before interest, taxation, depreciation and amortisation rose to £17.08 million in 2018, from a loss of £27,000 in 2017. The improved figures came from turnover up from £319 million to £326 million, as well as lower administrative costs.

Times Newspapers in profit as subscriptions rise

Increased turnover and reduced expenses helped the publisher of The Times and The Sunday Times to make an annual after-tax profit of £9.6 million, compared with a loss of £8 million in the previous financial year.Times Newspapers’ earnings before interest, taxation, depreciation and amortisation ro

www.thetimes.co.uk

 

[Sasaferrato]

Pleased to see it struggling, but Murdoch has always been prepared to subsidise loss-making titles that gave him some political power. I fear we won't see the end of it for as long as his empire thrives.

I just Googled to see what he is worth. $17.8Bn. what is Rupert Murdoch's net worth - Google Search

 

[Streathamite]

Actually 'The Times' is now profitable, hence the launch of 'Times Radio' nationally on DAB.

Blimey!
That's almost certainly the first time ever.
At the time he bought/rescued the 'paper, he was quite upfront about not envisage much, if any profit, from it, and he did so r to get top-table political influence
e2a: edited to clean up typo

 

[cupid_stunt]

Blimey!
That's almost certainly the first time ever.
At thwe time he bought/rescued the 'paper, he was quite upfront about not envisage much, if any profit, from it, and he did so r to get top-table political influence

Indeed.

They have had a right success in driving forward online subscriptions, and combined paper/online subscriptions.

Times Radio has been launched to help drive forward subscriptions, whilst it's accepting sponsorship of programmes, it's not carrying any traditional 'spot advertising', so will never be commercially viable as a radio station, but that's not its purpose, its a marketing tool for subscriptions.

 

[StoneRoad]

Reports - particularly the headline - of a recent incident on the railway near Stonehaven has reinforced my utter disgust with this waste of ink and newsprint.

 

[two sheds]

Not the Scottish Sun's "Death Express" then?

 

[Streathamite]

Indeed.

They have had a right success in driving forward online subscriptions, and combined paper/online subscriptions.

Times Radio has been launched to help drive forward subscriptions, whilst it's accepting sponsorship of programmes, it's not carrying any traditional 'spot advertising', so will never be commercially viable as a radio station, but that's not its purpose, its a marketing tool for subscriptions.

Yes, my wapping mole also tells me that they've had a major suvccess with the paywalls and online subs, and their reader offers.
In truth, the sociodemographic profile of their readers means that they, the FT and the Torygraph are the only UK titles that could make a paywall work

 

[killer b]

The Times has regularly been in profit over the last 5 years, and was regularly in profit before the turn of the millenium too. Whoever told you Murdoch made no money on it was talking bollocks.

 

[Streathamite]

The Times has regularly been in profit over the last 5 years, and was regularly in profit before the turn of the millenium too. Whoever told you Murdoch made no money on it was talking bollocks.

I'd like to see that substantiated, please.
The universal-cum-general consensus and received wisdom in the media world ( a world I have been in, on and off, for 21 years) is that the Times and Sunday Times has made ittle or no money for Murdoch, frequently a loss, simply because the cost of such an extensive global stable of journalists, subbies, photographers, layout people, ad sales staff, marketing & circulation people, etc - in fact, all you would need to maintain the 'paper as the ultimate quality broadsheet and the 'paper of record - is eyewateringly huge.
Having said that, the move to Wapping saw a massive reduction in their print and repro costs

 

[strung out]

I'd like to see that substantiated, please.
The universal-cum-general consensus and received wisdom in the media world ( a world I have been in, on and off, for 21 years) is that the Times and Sunday Times has made ittle or no money for Murdoch, frequently a loss, simply because the cost of such an extensive global stable of journalists, subbies, photographers, layout people, ad sales staff, marketing & circulation people, etc - in fact, all you would need to maintain the 'paper as the ultimate quality broadsheet and the 'paper of record - is eyewateringly huge.
Having said that, the move to Wapping saw a massive reduction in their print and repro costs

Profit year ending 2014: The Times and Sunday Times become profitable for first time in 13 years
Profit year ending 2015: Subscribe to read | Financial Times
Profit year ending 2018: Times Newspapers in profit as subscriptions rise by Jessie Sampson

Articles refer frequently to profitability at the turn of the millennium too (albeit with a 13 year gap where they made a loss each year)

 

[8ball]

Though if you're a billionaire, then your media outlet is something that supports other operations. It isn't necessarily something that needs to make a direct profit.

 

[Streathamite]

Profit year ending 2014: The Times and Sunday Times become profitable for first time in 13 years
Profit year ending 2015: Subscribe to read | Financial Times
Profit year ending 2018: Times Newspapers in profit as subscriptions rise by Jessie Sampson

Articles refer frequently to profitability at the turn of the millennium too (albeit with a 13 year gap where they made a loss each year)

OK (partly) fair enough that's 2014, and the year CupidStunt referred to, (can't et p\st FT paywall)

 

[T & P]

I was thinking earlier about a certain defamation court case involving celebrities currently going on. Given that much of the case for the defence would rest on proving who leaked information to the press, cannot the court force a newspaper to reveal the source? Especially in cases like this, when no hardened criminals or state secrets are concerned and the source being exposed wouldn’t really put them at risk of being harmed.

 

[lunar]

as already said
"oh dear, what a pity, never mind"

I don't think I have ever bought a copy nor will I ever buy one.

Are quoting from Sergeant Major in the sitcom It Ain't Half Hot Mum?
The quote is actually, Oh dear, how sad, never mind.

 

[Badgers]

The cunts have been posting their filthy rag through people's doors (my mum and sister) in Yorkshire

Should this be reported?

 

[cupid_stunt]

Reported to who?

 

[Sprocket.]

The cunts have been posting their filthy rag through people's doors (my mum and sister) in Yorkshire

Should this be reported?

Apparently sales of the Daily Star have increased recently around here. Some may think this is due to the new editorial direction. I surmise it’s purely because it’s cheaper than the Mirror and S**
Yorkshire, not tight, careful.

 

[T & P]

Apparently sales of the Daily Star have increased recently around here. Some may think this is due to the new editorial direction. I surmise it’s purely because it’s cheaper than the Mirror and S**
Yorkshire, not tight, careful.

The Daily Star has undoubtedly become the most fierce and sharp critic of the government (as far as the front pages go, at least) of all the newspapers in this country. Which is something that if someone had told me only one or two years ago was going to happen, I would had urged them to stop taking hallucinogens.

 

[MickiQ]

The cunts have been posting their filthy rag through people's doors (my mum and sister) in Yorkshire

Should this be reported?

The Sun? they're actually giving this shite away for free now?

 

[xenon]

Reported to who?

The police, as a crime under the Malicious Communications Act.

 

[Badgers]

The Sun? they're actually giving this shite away for free now?

They have been in shops (free S*n with a purchase or whatever)

It is unsolicited/spam through someones door here. I guess there must be somewhere to report or a list to be removed from?

 

[Badgers]

Reported to who?

If I started delivering copies of Mien Kampf or Playboy through letterboxs something might be said?

 

[T & P]

You can put a copy of Fiesta through my letterbox anytime, though.

 

[moochedit]

The cunts have been posting their filthy rag through people's doors (my mum and sister) in Yorkshire

Should this be reported?

Didn't they post a free copy to everyone a few years ago? Vaguely remember it. I think the liverpool postman refused to deliver them.

The shop near me tries to give away free copies of the sun sometimes when i'm buying other things. Guess it's a desperate attempt to get new readers.

 

[Pickman's model]

If I started delivering copies of Mien Kampf

if you started delivering copies of mien kampf we'd soon find out who had copies of the typo-free original

 

[DaveCinzano]

if you started delivering copies of mien kampf we'd soon find out who had copies of the typo-free original

Say what you will about it, that book had consistently competent typography

 

[MickiQ]

Didn't they post a free copy to everyone a few years ago? Vaguely remember it. I think the liverpool postman refused to deliver them.

The shop near me tries to give away free copies of the sun sometimes when i'm buying other things. Guess it's a desperate attempt to get new readers.

Mildly surprised it didn't close down after it stopped Page 3, I don't know anyone who ever bought it for any other reason certainly not news

 

[cupid_stunt]

The Daily Star has undoubtedly become the most fierce and sharp critic of the government (as far as the front pages go, at least) of all the newspapers in this country. Which is something that if someone had told me only one or two years ago was going to happen, I would had urged them to stop taking hallucinogens.

Well the Daily Star is now owned by the Mirror group.