Rupert Murdoch was asked why he didn't find out about the extent of the phone hacking happening at the News of the World.
"I have to say I failed," he said, delighting headline writers everywhere. "I'm very sorry about it."
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.