has been crunching the numbers at The Sun
and The Times
to find that the decline in print advertising -- and for the former, the cost of phone hacking claims --
will have a major impact. Although The Sun
appears to have halved its losses, The Guardian
calculates much of this is due to a tax bill which no longer has to be paid. Stripe that
out, and the picture is far more bleak.
Read the whole story at The Guardian »