News International, News Corp.’s British publishing subsidiary, agreed on Monday to pay $4.7 million to the family of the phone hacking victim whose case reignited the scandal in July, according to the Wall Street Journal.
Of the reported £3 million offer ($4.7 million in US dollars) -- easily the scandal's biggest settlement to date -- £1 million ($1.6 million) will go to charity and the remainder to the family of Milly Dowler.
Dowler, a 13-year old girl, had her phone hacked back in 2002 after she was abducted and later killed.
This was a major story across the pond, but the hacking element did not emerge until this summer with a story in The Guardian.
That led to the closing of the News of the World, the British tabloid overseen by News International, as well as a series of high-profile arrests and governmental inquiries. With investigations ongoing, more hacking victims continue to emerge and News Corp. has set aside money for expected settlements.
