Harry v. NGN

[Atlasvue]

Starting a thread for Tuesday.
This BBC article covers the basics. This is the last line ….
’Tuesday really is the beginning of the end. And someone is going to lose - and lose big.’

I have a feeling, that Harry won’t win but he just wants to use the public setting to air his grievances. A therapy session would have worked out much cheaper.

https://www.bbc.co.uk/news/articles/c2l00xkgwnyo

I can’t even… 🤣

Oh crap, it's the nature of a settlement, a bland statement and a payout. And Murdoch is laughing all the way back to the boardroom.

What did you think a trial verdict would do? Confiscate all their money? How naive.

It is being reported in the media by most outlets as a victory for Harry which is causing some of the royalists on this forum to be angry and upset.

I think you have nothing to say of any value.

I’ve not seen a MN bunfight this frothy in ages, it’s great. 10/10, no notes, well done, Harry.

Yep. Who would have thought Murdoch’s biggest fans would be on Mumsnet.

It may blow your little mind but I would have liked to see Harry take them on.

I'm more than one dimensional you see. Most of us are.

Does not surprise me at all

Grow up. Your comments are just pathetic,.

Even if the settlement was as large as your 'source' is claiming, that still won't be a massive amount to NGN as they've been paying out vast sums over the past two decades.

The apology may have stung a bit but it makes no material difference to Murdoch or any of the other big players at NGN. Harry was all about 'accountability' and proving complicity at the highest level, but instead it's just unnamed freelance private investigators taking the blame. No dragons have been slain.

🤣🤣

You're right you can't...

Don't you get tired coming across all sneery and superior?

No point in trying to explain - just some people who aren't that bright spoiling for a fight!

Let's stick to the grownups!

It’s not like it’s the first apology Murdoch has had to sign off on though. And it got him exactly what he wanted - the last potential court claim against him went away. The last chess piece off the chess board.

(Rupert Murdoch has literally just been suing his children to take away their voting rights over his legacy company, because he thinks only one of his children shares his political views and opinions. I think he’s quite hard nosed!)

Shareholders are very interested in P&Ls and the share price is down 7% today.

If you companies shrug off losses like these happily, you are very naive about big business.

@mainecooncatonahottinroof you seem to be more upset that you can't continue to criticise Harry over this case rather than seeing him take them on as you are suggesting.

Bless them @Serenster, I think they find it hard to understand.

Tell me, what would have happened to the share price if Harry had won at trial?

Boards don’t like share price drops, but they hate risk and uncertainty more. Settling these cases removes a huge risk hanging over them. Companies and their investors love strategies that remove risk.

How would the share price have been affected if Harry had taken NGN to court and proved complicity in unlawful activities by senior staff, as he had pledged to do?

Peston says:

“It is worth two minutes of your time to read News Group Newspapers apology to Prince Harry and Tom Watson, in which for the first time the Murdoch organisation admits “unlawful activities carried out by private investigators working for the Sun”. This is the first time the Murdoch group has admitted “unlawful activities” by the Sun. The statement is attached”.

Who knows? But Harry has had a victory today, and good on him.

“unlawful activities carried out by private investigators working for the Sun”. This is the first time the Murdoch group has admitted “unlawful activities” by the Sun. The statement is attached

Lazy writing by Peston. The statement admits “unlawful activities” carried out by private investigators, not employees of the Sun. There’s a difference.

(and since I posted that statement on the thread earlier, yes, I have read it).

Does this Peston bloke not understand that admitting unlawful activities by freelance PI's working for The Sun is not the same thing as admitting to “unlawful activities” by the Sun"? It's a pretty crucial distinction, even if this Peston guy you're such a fan of seems not to get it.