Like so many activities of the organization, the paper continually lost money.

"It seems to me that the paper has lost its focus," she said.

The paper, published for nearly 17 months until it was closed June 13, reportedly lost more than $100 million.

According to some sources the paper was losing £40,000 a year.

Some publishing executives say the paper has lost more than $1 million a year.

Moreover, many journalists say the paper has lost its news touch.

The paper lost only 1,000 subscribers when the price went back to 50 cents, the officials added.

He said the paper had lost about $2 million so far this year.

But in its 10 years of life, the paper lost an estimated $100 million.

The News has said that the paper is losing $750,000 a day.