Long-shot bid to end their control of News Corp fails
(NEWSER) - News Corp's shareholder meeting went pretty much as expected: Rupert Murdoch and sons took plenty of heat but survived a long-shot bid to oust them from control, reports the Los Angeles Times . The tally will be released next week, but given that the Murdoch family controls 40% of voting shares, the outcome hadn't been in much doubt. Still, critics got a chance to vent about Murdoch's stewardship of the conglomerate—which includes Fox News, 20th Century Fox, and the Wall Street Journal—in the wake of the massive phone-hacking scandal in Britain. More»
