Rupert Murdoch writes down value of Sun newspapers to zero

The Independent

Lean Left

Mixed Factuality

Individual: Evgeny Lebedev

Rupert Murdoch slashes value of The Sun newspaper to zero

News Corp says right-wing tabloid has no value thanks to tumbling print advertising revenues

The Telegraph

Lean Right

Mixed Factuality

Media Conglomerate: Press Holdings

Individual: David and Frederick Barclay

Rupert Murdoch slashes value of the Sun newspaper to zero

News Group Newspapers, which publishes the tabloid and its Sunday edition, reports a pre-tax loss of £202m for the year to June 2020

The Hill

Center

High Factuality

Media Conglomerate: Nexstar Media Group

News Corp. writes down value of The Sun to zero

The Rupert Murdoch-controlled media company News Corp. has written down the value of its British newspaper The Sun to zero.

Bloomberg

Lean Left

Mixed Factuality

Individual: Michael Bloomberg

Private Equity: The Vanguard Group

Rupert Murdoch writes down value of Sun newspapers to zero

Russia Today [🇷🇺-affiliated]

Lean Right

Low Factuality

Government: Government of Russia

Government: State Media

‘Still overvalued’: Pundits take shots at The Sun after Murdoch lists cash-hemorrhaging tabloid as worthless asset

Rupert Murdoch has written down the value of The Sun to zero, meaning that the British tabloid is now worth less than the paper it’s printed on – delighting critics of the controversial media mogul.In its latest accounts, News Group Newspapers, a subsidiary of Murdoch’s NewsCorp, lists The Sun and its Sunday edition sister paper as having “zero carrying value” following an £84 million ($118.5 million) writedown, the Financial Times reported. Dwi…