Rupert Murdoch’s News Corp blames ‘fake news’ after recording MASSIVE financial losses
By Thomas Mutton - 11th August 2017
News Corp, the multi-national mass media company owned by Rupert Murdoch, has reported a loss of $817 million for the 2017 financial year due to the value of its newspapers in Australia and the UK falling.
The loss equates to roughly a 2 per cent drop in their total revenue and is the result of lower print advertising revenues and foreign currency fluctuations ...
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