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Fortune

Joe Jackson, AFP

Rupert Murdoch's U.K. newspaper group settles with Prince Harry over phone hacking, admitting 'serious intrusion' into royal's private life

Rupert Murdoch NGN Tom Watson the Duke of Sussex David Sherborne The Sun United Kingdom the News ofWorld

(Credit: Chris Jackson/Getty Images)

Prince Harry dramatically settled Wednesday his long-running lawsuit against Rupert Murdoch's UK tabloid publisher, which agreed to pay him "substantial damages" after admitting intruding into his private life, including by hacking his phone.

Murdoch's News Group Newspapers (NGN) issued a wide-ranging apology and admission of wrongdoing, in what Harry's lawyer David Sherborne called "a monumental victory" that underlined the need for further probes.

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