Re: [Update] The News Corp scandal
 

Doubt a Sunday newspaper being a few thousand down would equal a billion pound loss somehow, I did hear something about their Australia papers being hit hard by falling advertising revenues + there doesn't seem to be any mention of what the hacking has cost them in cold hard cash, compensation has cost them tens of millions alone, whilst investigating/ covering up must have cost a pretty penny to.

Re: [Update] The News Corp scandal
 

not really. it a $1.6bn opperating loss INCLUDING a $2.9bn extordenary cost (restructuring cost) . according to the quote.
That means a $1.3bn opperational profit

Re: [Update] The News Corp scandal
 

That's very shoddy reporting, probably by the office junior on the night shift. Robert Peston would not be pleased if he saw it. A one-off restructuring charge does not denote 'weakness'.

Beeman has already done the maths. Subtracting the one-off restructuring costs from the net loss reveals that News Corp is operating profitably.

Re: [Update] The News Corp scandal
 

Thanks Chris..:)

Re: [Update] The News Corp scandal
 

http://www.independent.co.uk/news/bu...e-8022900.html

from the Independent..

Well that would appear to be from the horses mouth so to speak..:erm:

Re: [Update] The News Corp scandal
 

Yes, but it still doesn't equate to the claims the BBC made for the results last night. The loss was entirely due to one-off restructuring costs. Strip those out and you have an operating profit, regardless of the impact of any police investigations or income lost from the closure of the Screws.

Re: [Update] The News Corp scandal
 

Former Tory spin doctor Andy Coulson and six other people are appearing in court on Thursday charged with phone hacking.

http://www.channel4.com/news/andy-co...-phone-hacking

Re: [Update] The News Corp scandal
 

Strathclyde Police have announced a 39 year old man has been charged with perjury and conspiracy to hack phones. :D

Not Coulson then. Yet...

http://www.bbc.co.uk/news/uk-scotlan...-west-19292058

Re: [Update] The News Corp scandal
 

They left a posh man from London wandering round Govan last thing at night. :D

Re: [Update] The News Corp scandal
 

"Yes Mr Wight just across the road and through the park. You'll be fine" :D

Thankfully the ex-MSP and ex-jailbird member for the socialist democratic people's republic of Pollok or his deeply annoying lawyer haven't cropped up to give their opinions yet.

Re: [Update] The News Corp scandal
 

Just pop into the Brechin Bar cocktail lounge and ask for a Mojito and some nibbles - they are very friendly around here; a sure-fire way to make new friends is to point out how big a supporter of Rangers you are.....;)

Is the police station still at St Helens Street?

Re: [Update] The News Corp scandal
 

I don't know, the nearest I like to get to it is the south side exit of the Clyde Tunnel, on the way to Ikea ...

Re: [Update] The News Corp scandal
 

At the top of Helen St on Paisley Road West. Pretty much bandit country in every direction :erm:

Re: [Update] The News Corp scandal
 

You're not wrong ... I stopped for lunch in KFC there once. All it needed was a pair of saloon doors ... :erm:

Re: [Update] The News Corp scandal
 

Oy - I was brought/dragged up there..... (but totally agree with you).

It was a bit of a culture shock (on both sides) moving to Thetford, Norfolk, as a fifteen year old.