Tommy Tainant
Diamond Member
Rupert Murdoch writes down value of Sun newspapers to zero
Move follows £200m loss caused by Covid-19 pandemic and one-off charges related to phone hacking
www.theguardian.com
I think he owns some papers in the states as well as the Fox comedy channel.
The Sun is the best selling paper in the UK and the least trusted it really is something that you wouldnt wipe your arse with and at zero it is probably still overvalued.
But a great indication of the way print media is going.