Rupert Murdoch has launched into a long speech about the "disruptive" influence of the internet on the newspaper industry.
In 20 years, he says, "newspapers will have very small circulations."
"One day we won't be able to afford trucks and presses and we will be purely electronic."
News International bosses fell victim to a "cover-up" over the hacking scandal, Rupert Murdoch told the Leveson Inquiry today.
Today's Leveson hearings focus on the relationship between David Cameron and Rupert Murdoch and the media boss' role in the hacking scandal.
Rupert Murdoch will answer questions on the phone-hacking scandal at the Leveson Inquiry today.