News Corp profits increase as hacking scandal costs soar
Rupert Murdoch's News Corporation says the phone hacking scandal at the News of the World cost it £65m in the second half of the year.
Around £10m of that went to victims claiming compensation - and the rest was spent on lawyers and consultants.
It comes as the company announced profits of 65% on Thursday.
Radio 5 live Wake Up To Money spoke to Theresa Wise, an independent media analyst about the results.
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Wake Up To Money broadcasts weekdays 05:30 to 06:00 on Radio 5 live.
09 Feb 2012
- From the section Business