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It is impossible for the Murdochs to be voted off the board of News Corporation at the company’s annual meeting to be held at the end of the week on the Fox lot in Los Angeles, as several of the most influential shareholder advisor groups have advocated. With their own shares and those shareholders who have committed to voting with them, the Murdochs have the wherewithal to re-elect themselves, and their cronies, to the board.
And yet I don’t know anyone who is closely engaged with the company who believes that this heretofore impregnable voting majority can actually protect the Murdoch family—there is an inexorability to what has engulfed this company.