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British arm of Rupert Murdoch’s News Corp empire reports near-£54m deficit due to TalkTV costsThe Sun lost £66m last year and its online audience dropped by 4 million readers as the newspaper continued to grapple with the fallout from the phone-hacking scandal.Total losses at the Murdoch-owned tabloid have now reached £515m over the past five years, amid declining print sales and the high cost of paying damages to victims of illegal information gathering. Continue reading...