News Corp. Shareholders Vote Against Murdochs, Murdochs Shrug

That News Corporation meeting happened just the way FishbowlNY thought it would: A lot of shareholders voted against the Murdochs (especially James) and in the end nothing happened. According to Businessweek, one third of the investors voted against the election of James Murdoch and Lachlan Murdoch to the board:

James Murdoch, deputy chief operating officer and son of the chief executive officer, received the most votes against his election, at 35 percent, according to figures released by the company yesterday… Thirty-four percent of shareholders voted against Lachlan Murdoch, 40, while 14 percent voted against Rupert.

While