Rupert Murdoch owns The Sun Newspaper. It is published by the News Group Newspapers division of News UK, itself a wholly owned subsidiary of Murdoch’s News Corp.
The Sun is a British tabloid newspaper, founded in 1964 as a successor to the Daily Herald. It became a tabloid in 1969 after it was purchased by Murdoch. The Sun had the largest daily newspaper circulation in the United Kingdom, but was overtaken by freesheet rival Metro in March 2018.
Murdoch is an Australian-American media mogul who owns a large media empire that includes newspapers, television stations, and film studios. He is one of the most powerful people in the media industry.
How Does The Sun Make Money?
The Sun magazine UK makes money through a variety of sources, including:
- Subscriptions: The magazine offers both print and digital subscriptions, which provide readers with access to the latest issue and the magazine’s archive.
- Advertising: The magazine sells advertising space to businesses and organizations, which helps to offset the cost of production and distribution.
- Events: The magazine hosts a variety of events, such as readings, workshops, and conferences, which generate revenue through ticket sales and sponsorships.
- Merchandise: The magazine sells a variety of merchandise, such as T-shirts, mugs, and books, which helps to generate additional revenue.