Ted Turner, Founder of CNN, Offers a Grim Outlook for News Corp. CEO Rupert Murdoch

Sep 21, 2011  •  Post A Comment

Ted Turner, the founder of CNN, tells Bloomberg that he believes News Corp. Chairman and Chief Executive Rupert Murdoch is "going to have to step down" from his role at the media company, which has been jarred by a phone-hacking scandal.

“He hadn’t survived anything like this. This is serious," Turner told Bloomberg, referring to allegations that News Corp.’s News of the World tabloid hacked into the voicemails of murder victims and paid police for stories.

Murdoch’s explanations that he didn’t know about phone hacking or police payments aren’t satisfactory, Turner said, according to the story.

“He was chairman of the board. He’s responsible. I took responsibility when I ran my company. You never heard me say, ‘Well, I didn’t know,’" Turner said, according to the article.

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