Rupert Murdoch 'Is Going to need to Step Lower,' States Ted Turner (Video)

Billionaire Ted Turner shared his ideas on News Corp.'s ongoing phone hacking scandal within an interview with Bloomberg Television. Turner stated he feels News Corp.'s Chairman and Boss Rupert Murdoch might be seeing the finish of the reign because of the scandal.our editor recommendsNews from the World's Top Ten Scams Rupert Murdoch, James Murdoch To Manage Questioning Under Oath In Phone-Hacking Judicial Inquiry "I'm past retirement now. So, I'm 72. That's just a little late to become managing a corporation," stated Turner within an interview with Betty Liu. "Murdoch's still doing the work at 80, however for not for considerably longer, I'm afraid. I believe he's going to need to step lower." PHOTOS: News around the globe's Top Ten Scams News Corp. originates under fire from accusations that it is News around the globe publication acquired use of private people' cell phones, and taken care of police information. Parents company folded the tabloid in This summer because of the general public outcry and continuing analysis. "This really is serious...It's going illegal," Turner stated from the phone hacking scandal. "You realize, not really Rupert Murdoch ought to be permitted to interrupt what the law states. " In This summer, the United kingdom parliament known as both Murdoch and the boy, James, deputy chief operating officer of News Corp., to share with you their understanding from the phone hacking activities of News around the globe. Rupert Murdoch stated he was unaware of the telephone hacking or police benefits. STORY: Rupert Murdoch States He and News Corp. Board Believe He Should Continue as Chairman and Boss Turner, who offered Turner Broadcasting , who owns CNN, Cartoon Network and The best spinner's, to Time Warner Corporation. in 1996, stated that Murdoch's answer wasn't adequate. "He must have known," stated Turner. "He was chairman from the board. He's responsible. I required responsibility after i went my opportunity. You won't ever heard me say, 'Well, I didn't know.' You won't ever saw me get for the reason that type of trouble, have you?Inch STORY: Rupert Murdoch Backed by News Corp. Board Member Among Phone Hacking Scandal Turner and Murdoch had an infamous competition through the years using their competing media empires. News Corp.'s Fox News is a fierce competitor to CNN, and also the two moguls didn't get on, until, Turner states, they provided amends this year. "I'm just, to be honest, I'm very disappointed this has happened. A significant media company should certainly be following a law, that's all," stated Turner. Related Subjects Rupert Murdoch News Corp. Phone Hacking Scandal