
BSkyB Shareholders In James Murdoch Protest Vote [29.11.2011] Click the link below to SUBSCRIBE to the 'News of the World Phone Hacking' YouTube channel @ www.youtube.com For upto date news on the hacking scandal, follow me on Twitter @ twitter.com James Murdoch has been re-elected BSkyB chairman, but a fifth of shareholders voted against his reappointment. A number of key shareholders voted against him at the firm's annual general meeting (AGM), as they would like a fully independent chairman rather than an executive of News Corp. News Corp owns 39% of BSkyB as well as being the parent of News International (NI), also chaired by Mr Murdoch. News International owns the News of the World, which closed over phone hacking. As well as that, the 38-year-old son of Rupert Murdoch holds the post of deputy chief operating officer at News Corp. Provisional figures announced at the meeting gave him 81.24% of the vote, with 18.76% against. When votes withheld were taken into account, James Murdoch received the support of 75.4% of shareholders, versus 17.4% opposed and 7.2% withheld. Excluding votes cast by News Corporation, he received the support of 55% of independent shareholders. Continue reading the main story Analysis Brian Milligan Business reporter, BBC News A BSkyB annual meeting is a curious piece of drama. Those who really matter, the institutional shareholders, aren't there. Those who are, Sky's army of small investors, mainly want to talk about their favourite football <b>...</b>
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