Ted Turner: Murdoch Will 'Have to Step Down'

The two moguls are longtime rivals

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.

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