Murdoch's new Sun hits news stands with ethics pledge Rupert Murdoch's Sun on Sunday tabloid hit news stands on Sunday, replacing the defunct News of the World with a pledge to meet high ethical standards after a "challenging" chapter in its history. The 80-year-old media baron personally supervised the production late on Saturday at a printworks in Hertfordshire, north of London, showing his support for what he hopes will be Britain's most-read Sunday newspaper. The tycoon tweeted over the weekend that the first edition of the Sun on Sunday -- which means that the paper is now published seven days a week -- was a "fantastic achievement by great staff." The newspaper's front page splash featured an interview with Amanda Holden, a British television personality who nearly died after the birth of her daughter last month. "My heart stopped for 40 seconds," read the banner headline on the front page, which was accompanied by a picture of Holden, 41, cradling her new daughter Hollie. Inside, an editorial titled "A new Sun rises today" said the newspaper was appointing a so-called Readers' Champion to deal with complaints and correct errors, while also vowing that its journalists would be ethical. "Our journalists must abide by the Press Complaints Commission's editors code, the industry standard for ethical behaviour, and the News Corporation standards of business conduct," the editorial read. We will hold our journalists to the standards we expect of them. After all a newspaper which holds the powerful to account must do the same with itself. "You will be able to trust our journalists to abide by the values of decency as they gather news," adding that the paper would also be "fearless, outspoken, mischievous and fun." The Sun on Sunday was published more than seven months after Murdoch's News Corp. was forced to close its top-selling Sunday tabloid, the 168-year-old News of the World, amid outrage over the hacking of mobile phone voicemails. The scandal exploded last July when it was revealed that a private investigator working for the News of the World had accessed the voicemail of a missing British schoolgirl Milly Dowler, who was later found murdered. News International, the British newspaper division of News Corp., has since settled dozens of compensation claims from celebrities and other public figures whose phones were also hacked. In response to the scandal, British Prime Minister David Cameron set up the Leveson inquiry into culture, practice and ethics of the British press. The Sun on Sunday's editorial admitted that News International had faced "challenging" times. But the paper insisted that ten Sun journalists arrested since November on charges of bribing police and public officials for information were innocent until proven guilty. And it maintained that The Sun tabloid has been a "tremendous force for good" since it was first launched back in 1969. "It is worth reminding our readers, and detractors, of that as we publish our historic first Sunday edition during what is a challenging period," the paper added. News International closed our sister paper the News of the World over the phone hacking scandal. The paper added: "It has been a sobering experience for our entire industry." He announced the surprise launch the following day during a visit to The Sun's offices in Wapping, east London. That would put it comfortably in front of the 1.9 million circulation of The Mail on Sunday, currently the best-selling weekly paper in Britain. The new paper is being sold at a knockdown price of 50 pence ($0.80, 0.60 euro cents) in a move that has already sparked talk of a price war with some of Murdoch's rivals. It features new columnists such as Michelin-starred chef Heston Blumenthal, Archbishop of York John Sentamu, the second-highest ranking cleric in the Church of England, and former glamour model Katie Price, also known as Jordan. The launch of the paper has been seen as an attempt by Murdoch to wrong-foot both critics and staff reportedly angry that News Corp. had given police the information that led to some of the arrests. The Sun on Sunday's "red-top" rival, the Daily Star Sunday, slashed its price, while it is also likely to spark a price war with other papers including the Sunday Mirror and The People, which have all gained readers since the News of the World's closure.