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News Corp's phone-hacking bill set to soar

Costs set to rise beyond $200m as 46 new cases are filed at the high court.

New Statesman
News Corporation head Rupert Murdoch and his son, James, will appear at the Leveson Inquiry next week. Photograph: Getty Images.

The news that 46 new phone-hacking cases have been filed at the high court in London by figures including Wayne Rooney, actor James Nesbitt and John Major's former daughter-in-law, Emma Noble, will trouble News Corporation shareholders.

The scandal has already cost the company at least $195m in lawyers' fees and payouts to victims, and with the total number of "likely victims" now estimated at 1,174 the final bill could end up being closer to $1bn.

This reminder of the News of the World's industrial-level hacking also comes at an awkward moment for Rupert and James Murdoch. Both are appearing separately at the Leveson Inquiry next week.

7 comments

Andrew Chapman's picture

This is quite a good article. Many new questions emerge to the surface, all you need do is to read further information about the issues. Only then one can form a final view on a particular subject. Otherwise everything is seen only in the dimension of cum more black and white. The natural logic of evaluating things before vstavane skrine they were properly cognitively processed is a horrible mistake, made by those less intelligent. People should not throw away their common slovakia sense easily. Anything and everything deserves appropriate time for making judgements.

mbrecker's picture

If all of the allegations are true, then pay. That's part of global capitalism.

Yibble's picture

Slowly..., slowly..., catchee Murdoch!

Livers's picture

At least those payments aren't tax deductable. yet.

Agent's picture

Turds

hugh markey's picture

Original Sin! Like father like son - sounds like deviltry to us.

Bible Basher

hugh markey's picture

Original Sin! Like father like son - sounds like deviltry to us.

Bible Basher

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