• Rupert Murdoch has written down the value of the Sun newspapers to nothing, The Guardian and others reported.
Ad and sales revenues at the Sun and the Sun on Sunday have plunged, says The Guardian. More than 80% of the Sun’s losses were one-time charges related to a phone hacking scandal.
• The parent company of the weekly Lakeland Times and its owner Gregg Walker have filed a libel suit against former Democratic Assembly candidate Kirk Bangstad, the Wisconsin State Journal reports.
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