Aside from the damage to its reputation, what is the ongoing fallout from the phone hacking and bribery scandal at News Corp. costing the company?

We get at least a partial answer in a quarterly earnings statement the company released on Wednesday: $57 million for the quarter and $224 million in total over the course of its fiscal year.

News Corp. posted a $1.55 billion loss for its fourth quarter. A rise in cable television operations helped mitigate a $2.9 billion write-down on its publishing segments and “a $57 million charge related to the costs of the ongoing investigations initiated upon the closure of The News of the World.”

That once infamous newspaper was the epicenter of bribery and hacking allegations, the latter of which included among its victims politicians, members of the royal family, celebrities, and in one particularly notorious incident, the family of a murdered 13-year-old girl.

Last month, criminal charges were brought against eight New Corp. employees, including Rebekah Brooks, the one-time head of News International and longtime Rupert Murdoch confidante.

More bad news for the media giant came earlier this week when The Church of England announced that it was selling off its entire (but modest) News Corp. portfolio on the advice of its Ethical Investment Advisory Group (EIAG). Murdoch's newspapers now join a list of investments prohibited by the church that includes weaponry makers, pornography and human embryonic cloning.

"Our decision to disinvest was not one taken lightly and follows a year of continuous dialogue with the company, during which the EIAG put forward a number of recommendations around how corporate governance structures at News Corp. could be improved," Andrew Brown, secretary of the Church Commissioners, said in a statement. "However, the EIAG does not feel that the company has brought about sufficient change, and we have accepted its advice to disinvest."