VIDEO REPORT: British Newspapers Run Murdoch Apology

British Newspapers Run Murdoch Apology

News Corp Chief Executive Rupert Murdoch used advertisements in national newspapers on Saturday to apologise for the ‘News of the World’s “serious wrongdoing.”

The media tycoon said he was “deeply sorry” for the suffering caused to victims of the news hacking scandal.

The advert was running in Saturday’s Daily Mail, Daily Telegraph, Financial Times, Guardian, Independent, Sun and Times, News International said.

“The News of the World was in the business of holding others to account. It failed when it came to itself,” Murdoch wrote in the article, which was signed “Sincerely, Rupert Murdoch.”

“We are sorry for the serious wrongdoing that occurred. We are deeply sorry for the hurt suffered by the individuals affected,” he added.

“In the coming days, as we take further concrete steps to resolve these issues and make amends for the damage they have caused, you will hear more from us.”

On Friday, in an attempt to gain control of a scandal rocking his company and inching its way ever-closer to his son and newspaper empire heir James Murdoch, the media baron apologized in person to victims of criminal phone hacking by one of his tabloids and accepted the resignations of News Corp’s top two newspaper executives, Rebekah Brooks and Les Hinton.

The crisis has broken the grip that 80 year old Murdoch had over British politics for three decades, as leaders from Margaret Thatcher, through Labour’s Tony Blair to current Conservative Prime Minister David Cameron sought his support.

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