In a tape published in transcript by the ExaroNews journalism website and broadcast yesterday on Channel 4 News, Murdoch is heard saying, "it's the biggest inquiry ever, over next to nothing."
"It's a disgrace. Here we are, two years later, and the cops are totally incompetent," said Murdoch, who is executive chairman of News Corp.
The outlets said the tape was recorded during a meeting with journalists at The Sun newspaper in March. Murdoch told them: "We're talking about payments for news tips from cops: that's been going on a hundred years."
Several Sun staff have been charged as part police investigations into phone hacking and bribery spurred by the revelation two years ago that Murdoch's News of the World routinely eavesdropped on the mobile phone voicemails of celebrities, politicians, royals and crime victims.
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Former staff of the News of the World, which Murdoch shut down after the hacking scandal erupted in 2011, also face trial, along with a number of police officers, prison guards and other officials accused of accepting bribes.
News Corp. Said in a statement today that it had cooperated fully with police and worked hard to "identify what went wrong, compensate the victims, and ensure the same mistakes do not happen again.