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Ted Turner: Rupert Murdoch ‘Going to Have to Step Down’

Bloomberg’s Betty Liu talked with CNN founder Ted Turner about his one-time media rival Rupert Murdoch and the phone hacking scandal.

“I think he’s going to have to step down,” Turner said. “This is serious. It’s going against the law. Not even Rupert Murdoch should be allowed to break the law.”

“He was chairman of the board. He’s responsible,” said Turner, the founder of CNN who sold Turner Broadcasting to Time Warner in 1996. “I took responsibility when I ran my company. You never heard me say, ‘Well, I didn’t know.’”

About 5 minutes in for the Murdoch comments:

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