PM: Media status quo 'unacceptable and needs to change'

David Cameron has said that the status quo in the media industry is "unacceptable and needs to change".

Speaking during Prime Minister's Questions, he said he hopes the house can work "across party lines" on the issue.

The Labour leader Ed Miliband agreed that it was an all-party issue.

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Leveson urges new press rules

Lord Justice Leveson has recommended further press regulation, underpinned by law, in his long-awaited report.