James Murdoch Gets 'No Confidence' Vote
The Murdochs kept their seats after the votes from News Corp.’s Friday shareholders meeting were tallied. But James Murdoch got the most votes against his election, 35 percent. Some analysts say anything more than 25 percent is a no confidence vote.
Rupert Murdoch received only 14 percent negative votes. Rupert’s other son Lachlan didn’t fare very well either. So the Murdochs survive, but it doesn’t look good. An analysis in The Guardian says that it’s now unlikely that James will take over when his dad steps down.
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