News Corp. has defeated a shareholder proposal to adopt a recapitalization plan to eliminate News Corp’s dual-class capital structure that includes regular shares and super-voting share, most of which are owned by the Murdoch family. 
	At the annual meeting today, a majority of votes cast on the measure supported the company to leave the current share structure in place, against shareholder Starboard, which doesn’t believe control should passes …

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News Corp. Defeats Shareholder Push To Ditch Super Voting Stock Amid Succession Jitters

Rupert Murdoch’s News Corp said a hedge fund’s proposal to eliminate the dual-class share structure that cements his family’s control over the media group was “convincingly” defeated.

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Sydney Morning Herald

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Murdoch family survives push to loosen its grip on News Corp

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Rupert Murdoch’s succession plan for his media company remains intact after being challenged by a major shareholder.

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News Corp. Investors Reject Proposal to Scrap Dual Class Share Structure

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News Corp retains dual-class structure after activist proposal defeated

Business of Media Murdoch family retains majority control of News Corp after shareholder vote Lachlan Murdoch faced down a shareholder vote on Wednesday aimed at weakening the Murdoch family’s control over their media empire, reports The Guardian. The activist investor Starboard Value had challenged the ownership structure of News Corp, the parent company of dozens of news outlets globally including The Wall Street Journal and publisher HarperCo…

Mediaweek

Media Roundup: Triple M sacks MG! Supercars shopping TV deal, News Corp shareholder vote result, Comcast spins off cable channels

Rupert Murdoch’s News Corp said a proposal to eliminate the dual-class share structure that allows his family to effectively control the media group was “convincingly” defeated at its annual general meeting on Thursday morning. The company, chaired by Lachlan Murdoch after Rupert stepped down last year, confirmed the defeat of the proposal in a statement … The post Murdochs survive Starboard Value’s push to weaken family control over media group…

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Murdochs survive Starboard Value’s push to weaken family control over media group

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News Corp shareholders reject Starboard's proposal to end News Corp's dual share structure, which Starboard said gives the Murdochs “outsized influence”

Failed “convincingly” at the company’s annual general meeting of shareholders.

News Corp. Defeats Shareholder Push To Ditch Super Voting Stock Amid Succession Jitters

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