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Ted Turner: Murdoch Will 'Have to Step Down'

The two moguls are longtime rivals
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In the wake of the News of the World hacking backlash, News Corp. CEO Rupert Murdoch has managed to hang onto his position as head of the company. But fellow media mogul Ted Turner doesn’t think that Murdoch will be able to weather the storm forever.

On Tuesday, Turner told Bloomberg Television, “I think [Murdoch is] going to have to step down. He hadn't survived anything like this. This is serious.”

Murdoch has consistently denied having had any knowledge of the illegal activities that went on at his newspapers, but according to Turner, he's still responsible for what took place. “Well, he should have known,” said Turner. “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.’”

Of course, Turner might not be the most impartial judge of Murdoch’s fate. He and the News Corp. chairman have clashed repeatedly over the years, often over their rival cable news networks (Turner founded CNN; Murdoch controls Fox News). Turner has even challenged Murdoch to fights on more than one occasion, including one instance after a Murdoch-sponsored boat sank Turner's yacht in a race nearly 30 years ago.