Billionaire owner’s address comes amid turmoil over chief executive Will Lewis’ involvement in UK phone scandal
has sent a memo to staff saying he is committed to “maintaining the quality, ethics, and standards” of the newspaper amid an internal dispute that touches on executive hires and ongoing financial losses.
In recent days, there has been widespread press speculation that Lewis’ tenure, and that of his incoming hand-picked editor, could be cut short. The drama erupted after the paper’s editor Sally Buzbee resigned as part of a newsroom shake-up. At its peak in 2012, News International, owner of the Sunday Times, the Sun and now defunct News of the World, estimated that the parent company had lost at least $250m in one year in costs related to hacking. The company, and other UK publishers, paid out hundreds of millions more to celebrities and other personalities to settle hacking claims – with more likely to come., press ethics are under increased scrutiny.
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