http://www.smh.com.au/business/media-and-marketing/news-ltd-loss-deepen…
Revenue of The Australian, Herald Sun and Daily Telegraph fell by 11% – down from $2.9bn to $2.6bn for the financial year ending June 30 and News Limited has posted a $476.7m loss for the financial year. Falling advertising was blamed for the fall in revenue.
Staff numbers are also down by 3%.
