September 21, 2011 - 2:59PM
Billionaire Ted Turner said News Corp. Chairman and Chief Executive Officer Rupert Murdoch will probably have to leave the helm of his media company after a phone-hacking scandal that began at one of its newspapers.
“I think he's going to have to step down,” Turner, 72, said in an interview on Bloomberg Television. “He hadn't survived anything like this. This is serious.”
News Corp., based in New York, has come under fire this year over allegations its News of the World tabloid hacked into the voice mails of murder victims and paid police for stories.
http://www.smh.com.au/business/world-business/murdoch-will-have-to-step-down-rival-mogul-says-20110921-1kkpn.html