Murdochs win dual-class vote

Original article by Darren Davidson
The Australian – Page: 22 : 16-Oct-15

News Corporation shareholders have rejected a resolution to abolish its dual-class share structure at the US-based media group’s 2015 AGM in New York. Executive chairman Rupert Murdoch told the AGM that News Corp has become more profitable with a greater focus on digital media since its 2013 demerger. The group has made a number of acquisitions globally since the demerger, while it has sold a number of assets.

CORPORATES
NEWS CORPORATION – ASX NWS, AMPLIFY PTY LTD, UNRULY, VIACOM INCORPORATED, CBS CORPORATION, COMCAST CORPORATION, CABLEVISION SYSTEMS CORPORATION, THE NEW YORK TIMES COMPANY, SCRIPPS NETWORKS INCORPORATED, LIBERTY MEDIA CORPORATION, UNITED STATES. SECURITIES AND EXCHANGE COMMISSION

Leave a comment