<P> It was announced on 7 July 2011 that , after 168 years in print , the newspaper would print its final edition on 10 July 2011 following revelations of the ongoing phone hacking scandal , with the loss of 200 jobs . The paper announced that all profits from the final edition -- 74 pence out of the £ 1 cover price -- would go to `` good causes '' , and advertising space would be given to charities ; the remaining 26 pence for each copy went to retailers selling the paper and to wholesalers . Shutting the newspaper cost News Group Newspapers around £ 240m . </P>
<P> It was announced on 7 July 2011 that , after 168 years in print , the newspaper would print its final edition on 10 July 2011 following revelations of the ongoing phone hacking scandal , with the loss of 200 jobs . The paper announced that all profits from the final edition -- 74 pence out of the £ 1 cover price -- would go to `` good causes '' , and advertising space would be given to charities ; the remaining 26 pence for each copy went to retailers selling the paper and to wholesalers . Shutting the newspaper cost News Group Newspapers around £ 240m . </P>
why did the news of the world shut down
why did the news of the world shut down
the ongoing phone hacking scandal
the ongoing phone hacking scandal