TVNewser FishbowlDC AgencySpy TVSpy LostRemote PRNewser SocialTimes AllFacebook 10,000 Words GalleyCat UnBeige MediaJobsDaily

News Corp. Shareholders Vote Against Murdochs, Murdochs Shrug

(Via Reuters)

That News Corporation meeting happened just the way FishbowlNY thought it would: A lot of shareholders voted against the Murdochs (especially James) and in the end nothing happened. According to Businessweek, one third of the investors voted against the election of James Murdoch and Lachlan Murdoch to the board:

James Murdoch, deputy chief operating officer and son of the chief executive officer, received the most votes against his election, at 35 percent, according to figures released by the company yesterday… Thirty-four percent of shareholders voted against Lachlan Murdoch, 40, while 14 percent voted against Rupert.

While this might — just maybe, be enough to get Rupert to throw James under the bus for the hacking scandal, as you can see, three-quarters of the shareholders still favored keeping the elder Murdoch in place. And if he’s there, nothing beyond James’ removal will change.

Mediabistro Course

Get a Literary Agent

Get a Literary AgentStarting August 6, learn how to find the right agent for your book and write a query that will get the deal done! Taught by Barbara Clark, a book agent and publishing consultant, you will learn the best methods for finding a literary agent, the proper protocol and etiquette for seeking literary representation, how to send queries and more. Register now!