James Murdoch wins
backing of Sky shareholders to stay as chairman
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[October 12, 2017]
LONDON (Reuters) - A
majority of independent votes cast at the annual
shareholders' meeting of Sky on Thursday supported the
re-election of James Murdoch as chairman, a spokesman
for the European pay TV group said.
James Murdoch, the son of media mogul Rupert Murdoch,
and his wife Kathryn Hufschmid arrive for a reception to
celebrate the wedding between Rupert Murdoch and former
supermodel Jerry Hall which took place on Friday, in
London, Britain March 5, 2016. REUTERS/Neil Hall
Ahead of the meeting some shareholders had said they were
planning to oppose Murdoch's re-election because they did not
believe he could effectively represent independent investors as
he is also chief executive of Twenty-First Century Fox <FOXA.O>.
Twenty-First Century Fox, which already owns 39 percent of Sky,
agreed to buy the rest of the company in December 2016, a deal
which is currently being reviewed by Britain's competition
At Sky's AGM, independent director Martin Gilbert said he was
"pretty confident" past events at Fox News in the United States
would not affect the UK Competition and Markets Authority's
current review of the deal.
Gilbert's comment was a reference to allegations of sexual and
racial harassment at Fox News.
(Reporting by Paul Sandle, writing by James Davey. Editing by
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