bskyb shareholders in james murdoch protest vote
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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BSkyB shareholders in James Murdoch protest vote

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Arab Today, arab today BSkyB shareholders in James Murdoch protest vote

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James Murdoch has been re-elected BSkyB chairman, despite a fifth of shareholders voting against the move. A number of key shareholders voted against him at the firm's 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, which owned the News of the World, which closed over phone hacking. Mr Murdoch, son of Rupert Murdoch, also chairs News International. As well as that, the 38-year-old also 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. News Corp had to withdraw its $12bn (£7.7bn; 8.9bn euro) offer for BSkyB in July after the allegations that News of the World employees had listened to the voicemails of celebrities and families stricken by tragedy. Dispute James Murdoch was not running the newspaper division when the hacking took place but there is disagreement as to how much he knew about what had happened. He has has twice answered questions from a panel of MPs. Mr Murdoch told them he "disputed vigorously" claims from a former News of World editor Colin Myler and ex-legal manager Tom Crone that they told him the significance of an email suggesting phone hacking was widespread. The no-vote against Murdoch does not take into account abstentions, which will be confirmed in a regulatory filing later on Tuesday.

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