"It's going to be a blot on my reputation for the rest of my life," says Rupert Murdoch, referring to the interception of communications by staff at News of the World.
"It was was against the law, quite apart from the ethical side - it was totally wrong.
"We have examined 300,000,000 emails, of which 2,000,000 were chosen for closer examination.
"It led to the arrest and terrible distress of a number of families who have been with me for many years."
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.