Detailed text transcripts for TV channel - KGO - 20120502:09:39:00
>> it's a sad thing, but he's finished. he's over. i think now of mr. murdoch in the past tense. >> reporter: murdoch's company, news corporation, is under investigation by the fbi for violating u.s. law. what was a scandal just here in britain now threatens to undermine his leadership of a $60 billion empire. jeffrey kofman, abc news, london. >> and the murdochs do run or own a tv network out in britain too, so the government controls the licensing for that, so he could lose that license as this thing progresses further. >> that's right. and that's significant. >> yes, it is. chipping away at...
Source: news source