Arts&Culture

James Murdoch Reelected as Sky Chairman

James Murdoch Reelected as Sky Chairman

That included support from largest shareholder Fox, which controls a voting stake of 37.19 percent in Sky.

James Murdoch is poised to defend his position as Sky's chairman at its annual shareholder meeting on Thursday.

Fox, which now owns 39.1% of Sky, is trying to buy full control of the business in a deal that would value it at £18.5bn.

Almost half of independent shareholders voted to oppose Mr Murdoch's reappointment amid concerns over his role as chief executive of 21st Century Fox, which is attempting to seize control of the 61% of Sky it does not already own in an £11.7 billion deal.

Mr Murdoch won 51% of votes cast by independent shareholders at the annual general meeting - up from 49% previous year.

"There´s nothing wrong with Mr Murdoch - but it is because of the name".

One significant hindrance to Fox's $15 billion bid has been the spate of sex-abuse and harassment scandals at Fox News, from the disgraced late founder Roger Ailes to onetime ratings powerhouse Bill O'Reilly, who was ousted by the network earlier this year. The majority of the other resolutions passed with over 90% support.

Читайте также: John Aldridge sends warning to Man United ahead of Liverpool FC clash

The shareholder, Hugh Lawson, said: "I think the board lacks independence".

Its bid, which is strongly opposed by some lawmakers and is subject to lengthy regulatory scrutiny, hangs over the European pay-TV group, which reported quarterly results earlier on Thursday.

UK's Competition and Markets Authority (CMA) has set out more details about what it intends to examine in its investigation into the proposed takeover of Sky Plc by 21st Century Fox, which owns STAR India. "Fox is getting a sweetheart deal out of this and mainly I think it's because of the lack of independence on the board".

He told shareholders he was "pretty confident" that this would not have an effect on the CMA's investigation.

In response, Martin Gilbert, Sky's deputy chairman, pointed out that Sky's board had formed an independent committee to evaluate the terms of 21st Century Fox's takeover, which he said had met 11 times since the takeover approach was tabled in December past year.

Chief Executive Jeremy Darroch said Sky was growing both revenue and profit in a tougher consumer market thanks to its new products, and a TV line-up that includes thriller "Riviera", its most successful original production to date, and "Game of Thrones". The fantasy series is now the most-watched ever shown on Sky.

Shares of Sky, which are valued at 1075p under 21st Century Fox's takeover bid, closed 13p higher at 926.5p.

При любом использовании материалов сайта и дочерних проектов, гиперссылка на обязательна.
«» 2007 - 2017 Copyright.
Автоматизированное извлечение информации сайта запрещено.

Код для вставки в блог


  • Odell Beckham will have surgery on ankle this week

    Odell Beckham will have surgery on ankle this week

    Odell wasn't the only Giants wide receiver injured in yesterday's loss, which dropped the team to 0-5 on the season. "Next man up. As far as any long-term effect to Beckham's health, McAdoo said he has not gotten into any of that.

    ON Semiconductor Corporation (:ON) In Potential Pullback Zone

    Looking at some ROIC (Return on Invested Capital) numbers, Lattice Semiconductor Corporation (NasdaqGS:LSCC)'s ROIC is 0.017532. According to their observations and findings, the stock could provide a high EPS of $0.42/share and a low EPS of $0.39/share.
    Eminem unloads on Trump in new rap

    Eminem unloads on Trump in new rap

    The rapper has made a series of personal attacks on Trump , as well as angrily criticising his political decisions. The freestyle ends with a shot fired at his fans who may share certain sympathies with Trump .
  • Watch This 11-Year-Old Girl's Reaction To Long-Awaited Adoption News

    Watch This 11-Year-Old Girl's Reaction To Long-Awaited Adoption News

    Year Six student Tannah Butterfield was given the happiest news of her life at school last Monday, and her reaction said it all. Footage shows Tannah launch into Ms Alexander's arms after learning she was going to her "forever home".
    Texas Tech student accused of killing campus police officer

    Texas Tech student accused of killing campus police officer

    East conducted a student welfare check Monday evening and found evidence of drugs and drug paraphernalia. Corporal Snelson went back into the briefing where he saw Officer XXXX with an apparent gunshot wound.
    Facebook and Instagram Down At Same Time in USA  and Europe

    Facebook and Instagram Down At Same Time in USA and Europe

    Facebook said it was aware that some users were now having trouble accessing both Facebook and Instagram, Reuters reports . According to Downdetector , users in the United States and parts of Europe appear to be worst affected by the outage.
  • NYC, London police taking fresh look at Weinstein claims

    NYC, London police taking fresh look at Weinstein claims

    Samantha Bee has a message for all the "creeps" in Hollywood: "We know who you are". Peter Donald, of the NYPD's DCPI told the outlet. I felt guilty as if I did something wrong.
    Linkin Park Get 'Back To Work' After Chester Bennington's Death

    Linkin Park Get 'Back To Work' After Chester Bennington's Death

    The episode was released with the blessing of Bennington's family and is dedicated in his honor. So they want to learn how to play instruments.
    Andy Cohen Will Replace Kathy Griffin On CNN's New Year's Eve Show

    Andy Cohen Will Replace Kathy Griffin On CNN's New Year's Eve Show

    Griffin was dropped from the celebration after doing a photoshoot in which she posed with the decapitated head of Donald Trump . The Wrap is reporting the Bravo honcho will join the other AC for Anderson Cooper's New Year's Eve Live on December 31.
  • OnePlus Said to Be Collecting Unanonymised User Data, Company Responds

    OnePlus Said to Be Collecting Unanonymised User Data, Company Responds

    This transmission of user activity can be turned off by navigating to Settings Advanced Join User Experience Program . Moore contacted OnePlus earlier this year asking for clarification only to be led into a rabbit hole.
    Barcelona: 'We are ready to buy Liverpool's Philippe Coutinho in January'

    Barcelona: 'We are ready to buy Liverpool's Philippe Coutinho in January'

    The Catalans could be back in January however and Grau says the club stand ready to chase players the coaching team want. Barcelona have turned up the heat on Liverpool and will bid £120million for Philippe Coutinho again in January.
    Danny Rose prefers Man Utd move over Chelsea

    Danny Rose prefers Man Utd move over Chelsea

    Starsport can reveal Rose has set his heart on leaving Tottenham for Old Trafford ahead of the World Cup in Russian Federation . Tottenham Hotspur and England left-back Danny Rose has returned to training after more than eight months out with a knee injury.